Concrete Pumping Holdings Q4 EPS $0.16 Up From $0.14 YoY, Revenue $120.2M Beats $119.692M Est.
Portfolio Pulse from Benzinga Newsdesk
Concrete Pumping Holdings reported an increase in Q4 earnings per share (EPS) from $0.14 last year to $0.16 this year. The company's revenue for the quarter was $120.2 million, slightly exceeding the estimate of $119.692 million.
January 11, 2024 | 9:07 pm
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POSITIVE IMPACT
Concrete Pumping Holdings (BBCP) reported a year-over-year increase in Q4 EPS and revenue that beat estimates, indicating financial growth and potential investor confidence.
The increase in EPS and revenue beat for Concrete Pumping Holdings suggests a positive financial performance, which is likely to be viewed favorably by investors. This could lead to a short-term increase in the stock price as the market reacts to the positive earnings report.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100