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

Willdan

02/08/2024 03:10

* Willdan Group Inc  WLDN.OQ  reported quarterly adjusted
earnings
of 55 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of 26 cents.  The mean expectation of two analysts for the
quarter was for earnings of 29 cents per share. Wall Street
expected results to range from 16 cents to 42 cents per share.
    * Revenue rose 17.1% to $72.50 million from a year ago;
analysts
expected $63.71 million. 
    * Willdan Group Inc's reported EPS for the quarter was 33
cents​.
    * The company reported quarterly net income of $4.59
million.
    * Willdan Group Inc shares had risen by 17.4% this
quarter and
gained 57.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 31.8%
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 $34.50 
This summary was machine generated from LSEG data August 2 at
02:10 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
 Jan. 1 0001       0.29           0.55           Beat
 Mar. 31 2024      0.19           0.40           Beat
 Dec. 31 2023      0.38           0.80           Beat
 Sep. 30 2023      0.37           0.37           Met