Limbach Holdings Q2 EPS $0.46 Beats $0.16 Estimate, Sales $124.90M Beat $119.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Limbach Holdings (NASDAQ:LMB) reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.16 by 187.5%. This is a 475% increase from the same period last year. The company also reported quarterly sales of $124.90 million, beating the analyst consensus estimate of $119.50 million by 4.52%. This is a 7.56% increase from the same period last year.
August 09, 2023 | 8:53 pm
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POSITIVE IMPACT
Limbach Holdings reported strong Q2 earnings and sales, significantly beating analyst estimates. This positive financial performance could lead to a short-term increase in the company's stock price.
Limbach Holdings reported Q2 earnings and sales that significantly exceeded analyst estimates. This strong financial performance indicates that the company is performing well, which could make the stock more attractive to investors and lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100