Solv Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Solv Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Solv Energy Inc MWH.OQ reported quarterly adjusted earnings of 30 cents per share for the quarter ended June 30. The mean expectation of six analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 20 cents to 36 cents per share.
Revenue was $951.24 million; analysts expected $703.20 million.
Solv Energy Inc's reported EPS for the quarter was 30 cents.
The company reported quarterly net income of $66.83 million.
Solv Energy Inc shares had fallen by 11.6% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"
Wall Street's median 12-month price target for Solv Energy Inc is $50.00, about 39.8% above its last closing price of $30.09
This summary was machine generated from LSEG data August 13 at 03:49 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.28 | 0.30 | Beat |
Mar. 31 2026 | 0.15 | 0.25 | Beat |
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