Willdan Group Inc reports results for the quarter ended in December - Earnings Summary

Willdan

08/03/2024 24:54

* Willdan Group Inc  WLDN.OQ  reported quarterly adjusted
earnings
of 80 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 36 cents.  The mean expectation of two analysts
for the quarter was for earnings of 38 cents per share. Wall
Street expected results to range from 35 cents to 41 cents per
share.
    * Revenue rose 25.1% to $80.77 million from a year ago;
analysts
expected $63.79 million. 
    * Willdan Group Inc's reported EPS for the quarter was 58
cents​.
    * The company reported quarterly net income of $8.03
million.
    * Willdan Group Inc shares had fallen by 7.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is  "buy."

Wall Street's median 12-month price target for Willdan Group Inc
is $25.50 
This summary was machine generated from LSEG data March 8 at
12:53 a.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
 Dec. 31 2023      0.38           0.80           Beat
 Sep. 30 2023      0.37           0.37           Met
 Jun. 30 2023      0.15           0.26           Beat
 Mar. 31 2023      -0.03          0.32           Beat