Willdan Group Q3 Adj $0.73 Beats $0.55 Estimate, Sales $75.69M Beat $72.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Willdan Group (NASDAQ:WLDN) reported Q3 earnings of $0.73 per share, surpassing the $0.55 estimate and marking a 97.3% increase from last year. Sales reached $75.69M, beating the $72.60M estimate and showing a 15.94% increase from the previous year.
October 31, 2024 | 8:17 pm
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Willdan Group's Q3 earnings and sales significantly exceeded analyst expectations, with earnings per share up 97.3% year-over-year and sales up 15.94%.
The significant beat on both earnings and sales compared to analyst estimates suggests strong operational performance and potential positive investor sentiment, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100