Legence Corp. (NASDAQ: LGN) experienced a significant pre-market surge of 17.03% on Friday, following the release of its fourth-quarter and full-year 2025 financial results.
The company reported quarterly revenue of $737.6 million, which surpassed analyst estimates of $620.3 million by 18.92% and represented a 34.55% increase from the same period last year. Despite posting a quarterly loss per share of $0.55, which missed expectations, investors focused on the robust top-line performance and the company's optimistic forward outlook.
Legence raised its full-year 2026 revenue guidance to a range of $3.7 billion to $3.9 billion, up from its prior forecast of $3.5 billion to $3.7 billion and above the FactSet consensus estimate of $3.46 billion. The company also provided strong first-quarter 2026 revenue guidance of $925 million to $950 million. Additionally, Legence reported a record total backlog and awarded contracts of $3.7 billion at year-end, a 48.6% increase from the previous year, signaling strong future demand.
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