Willdan Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Willdan

01/11/2024 03:12

* Willdan Group Inc  WLDN.OQ  reported quarterly adjusted
earnings
of 73 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 37 cents.  The mean expectation of two analysts
for the quarter was for earnings of 55 cents per share. 
    * Revenue rose 142.4% to $158.25 million from a year ago;
analysts
expected $72.60 million. 
    * Willdan Group Inc's reported EPS for the quarter was 51
cents​.
    * The company reported quarterly net income of $7.35
million.
    * Willdan Group Inc shares had risen by 16.5% this
quarter and
gained 121.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.8%
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 49.00 
This summary was machine generated from LSEG data November 1 at
03:11 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
 Sep. 30 2024      0.55           0.73           Beat
 Jun. 30 2024      0.29           0.55           Beat
 Mar. 31 2024      0.19           0.40           Beat
 Dec. 31 2023      0.38           0.80           Beat