Recap: Bowman Consulting Group Q4 Earnings
Portfolio Pulse from Benzinga Insights
Bowman Consulting Group (NASDAQ:BWMN) significantly exceeded Q4 earnings expectations with an EPS of $0.31 against an estimated -$0.07, marking a 543.0% beat. Revenue increased by $17.36 million year-over-year. This follows a pattern of surpassing EPS estimates in previous quarters, with a notable share price increase of 1.0% after last quarter's earnings beat.
March 11, 2024 | 8:20 pm
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Bowman Consulting Group's Q4 earnings far exceeded expectations with a 543.0% beat on EPS and significant year-over-year revenue growth. This continues their trend of surpassing earnings estimates.
Bowman Consulting Group's substantial beat on both EPS and revenue, coupled with a history of outperforming earnings estimates, suggests a positive short-term impact on its stock price. The previous quarter's earnings beat resulted in a 1.0% share price increase the following day, indicating a potential similar or better response.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100