Concrete Pumping (BBCP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Concrete Pumping (BBCP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q4 2024 Earnings Conference Call January 9, 2024 5:00 PM ET Company Participants Cody Slach - External Director, Investor Relations Bruce Young - Chief Executive Officer Iain Humphries - Chief Financial Officer Conference Call Participants Andrew Wittmann - Baird Tim Mulrooney - William Blair Steven Fisher - UBS Jean Ramirez - D.A. Davidson Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Fourth Quarter and Fiscal Year ended October 31, 2024.
Concrete Pumping (BBCP) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.16 per share a year ago.
Despite recent declines, Concrete Pumping Holdings, Inc. is upgraded to a “strong buy” due to its incredibly cheap valuation and strong cash flows. Revenue and profits have dipped year over year, but the company's US Concrete Waste Management Services segment shows significant growth. The industry outlook is improving with recent interest rate cuts expected to boost construction activity, benefiting Concrete Pumping Holdings.
Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q3 2024 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Andy Wittmann - Baird Luke McFadden - William Blair Brent Thielman - D.A. Davidson Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Third Quarter ended July 31, 2024.
Concrete Pumping (BBCP) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.
Concrete Pumping missed quarterly estimates due to commercial projects being on hold because of high interest rates. The company also experienced seasonal weather delays.
Concrete Pumping Holdings, Inc. (NASDAQ:BBCP ) Q2 2024 Earnings Call Transcript June 6, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Bruce Young - CEO & Director Iain Humphries - CFO & Director Conference Call Participants Luke McFadden - William Blair Stanley Elliott - Stifel, Nicolaus & Company Avi Jaroslawicz - UBS Securities Jean Ramirez - D.A. Davidson Steven Fisher - UBS Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings Financial Results for the Second Quarter Ended April 30, 2024.
Concrete Pumping (BBCP) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.09 per share a year ago.