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

Willdan

03/05/2024 24:06

* Willdan Group Inc  WLDN.OQ  reported quarterly adjusted
earnings
of 40 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of two analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 10 cents to 28 cents per share.
    * Revenue rose 98.6% to $122.49 million from a year ago;
analysts
expected $62.93 million. 
    * Willdan Group Inc's reported EPS for the quarter was 21
cents​.
    * The company reported quarterly net income of $2.94
million.
    * Willdan Group Inc shares had fallen by 1.1% this
quarter and
gained 33.3% so far this year.

FORECAST CHANGES
    * 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 May 2 at 11:06
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
 Mar. 31 2024      0.19           0.40           Beat
 Dec. 31 2023      0.38           0.80           Beat
 Sep. 30 2023      0.37           0.37           Met
 Jun. 30 2023      0.15           0.26           Beat