Limbach Holdings Q4 2023 GAAP EPS $0.44 Beats $0.40 Estimate, Sales $142.691M Beat $129.375M Estimate
Portfolio Pulse from Benzinga Newsdesk
Limbach Holdings (NASDAQ:LMB) reported Q4 2023 earnings of $0.44 per share, surpassing the $0.40 estimate, with sales of $142.691M also beating the $129.375M estimate, despite a 0.55% decrease from the previous year.
March 13, 2024 | 8:21 pm
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Limbach Holdings reported higher than expected Q4 2023 earnings and sales, with EPS at $0.44 and sales at $142.691M, beating estimates but noting a slight decrease from last year.
Beating both earnings and sales estimates typically has a positive impact on a company's stock price in the short term. The slight year-over-year sales decrease is noted but is likely overshadowed by the positive earnings news.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100