IES Hldgs Q1 Adj. EPS $1.87 Up From $0.82 YoY, Sales $634.40M Up From $574.90M YoY
Portfolio Pulse from Benzinga Newsdesk
IES Holdings (NASDAQ:IESC) reported a significant increase in Q1 adjusted EPS to $1.87, up 128.05% from $0.82 YoY. Sales rose 10.35% to $634.40M from $574.90M YoY.
February 02, 2024 | 12:49 pm
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IES Holdings reported a significant increase in Q1 adjusted EPS to $1.87, up 128.05% from $0.82 YoY, with sales rising 10.35% to $634.40M from $574.90M YoY.
The significant increase in both adjusted EPS and sales indicates strong financial performance and operational efficiency. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in IESC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100