Limbach Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Limbach Holdings (NASDAQ:LMB) is anticipated to report a quarterly EPS of $0.40 on March 13, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historically, LMB has exceeded EPS estimates, leading to significant share price increases. Currently, LMB shares are trading at $48.85, marking a 208.63% increase over the last year, indicating a bullish sentiment among long-term shareholders.
March 12, 2024 | 5:00 pm
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Limbach Holdings is expected to report a quarterly EPS of $0.40 on March 13, 2024, with a history of surpassing estimates. Shares have significantly appreciated over the past year, indicating strong investor confidence.
Given Limbach Holdings' history of exceeding EPS estimates and the subsequent positive impact on its share price, there is a strong likelihood of a positive short-term price movement if the company beats the EPS estimate again and provides optimistic future guidance. The historical data shows a clear pattern of share price increases following earnings beats, suggesting a high relevance and importance of the upcoming earnings report to LMB's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100