Concrete Pumping Holdings Q3 2024 GAAP EPS $0.13 Misses $0.19 Estimate, Sales $109.600M Miss $125.465M Estimate
Portfolio Pulse from Benzinga Newsdesk
Concrete Pumping Holdings reported Q3 2024 earnings and sales that missed analyst estimates. The company posted a GAAP EPS of $0.13, missing the $0.19 estimate, and sales of $109.6M, below the $125.465M estimate. Sales also decreased by 9.17% compared to the same period last year.
September 04, 2024 | 8:06 pm
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Concrete Pumping Holdings reported Q3 2024 earnings and sales that missed analyst estimates. The company posted a GAAP EPS of $0.13, missing the $0.19 estimate, and sales of $109.6M, below the $125.465M estimate. Sales also decreased by 9.17% compared to the same period last year.
The company's earnings and sales both missed analyst estimates significantly, which is likely to negatively impact the stock price in the short term. Additionally, the year-over-year decrease in sales further adds to the negative sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100