* Concrete Pumping Holdings Inc reported quarterly adjusted earnings of 13 cents per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of four analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 17 cents to 22 cents per share.
* Revenue fell 9.2% to $109.62 million from a year ago; analysts expected $125.47 million.
* Concrete Pumping Holdings Inc's reported EPS for the quarter was 13 cents.
* The company reported quarterly net income of $7.12 million.
* Concrete Pumping Holdings Inc shares had risen by 2.3% this quarter and lost 25.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 7.8% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the construction & engineering peer group is "hold."
Wall Street's median 12-month price target for Concrete Pumping Holdings Inc is $9.00 This summary was machine generated from LSEG data September 4 at 09:01 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
Jul. 31 2024 0.19 0.13 Missed
Apr. 30 2024 0.10 0.05 Missed
Jan. 31 2024 0.05 -0.08 Missed
Oct. 31 2023 0.18 0.16 Missed
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