Limbach Holdings: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Limbach Holdings (NASDAQ:LMB) reported Q4 earnings with an EPS of $0.44, beating estimates by 10.0% but with a revenue decrease of $792 thousand from the previous year. The company had previously beaten EPS estimates in Q3 2023, leading to an 18.0% share price increase the next day.
March 13, 2024 | 8:25 pm
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Limbach Holdings reported a Q4 EPS of $0.44, surpassing estimates by 10%, though revenue fell by $792 thousand year-over-year.
Limbach Holdings' beat on EPS estimates, similar to its performance in the previous quarter, could positively influence investor sentiment and potentially lead to a short-term stock price increase, as observed after the Q3 2023 earnings report. However, the decrease in revenue might temper some of the positive momentum.
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