Centuri NYSE: CTRI reported sharply higher first-quarter revenue and gross profit while reiterating its 2026 guidance and outlining a multi-year strategy aimed at expanding in electric infrastructure, data centers and selected geographic markets.
Centuri Holdings, Inc. (CTRI) Q1 2026 Earnings Call Transcript
Centuri Holdings (CTRI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.12 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Christian Leone Luxor Capital Group LP | 596,723 | $15.07M | $18.13M | $3.07M | 20.38% |
Northern Right Capital Northern Right Capital Management LP | 559,400 | $12.82M | $17M | $4.18M | 32.62% |
Point72 Asset Management LP Point72 Asset Management LP | 107,745 | $2.72M | $3.27M | $554,348 | 20.38% |
| AS Alexandra Stickelman Root Financial Partners, LLC | 81 | $2,366 | $2,461.59 | $95.99 | 4.06% |
| AA Andrew Alkon EntryPoint Capital, LLC | 27,557 | $643,793.79 | $837,457.23 | $193,801.22 | 30.1% |
| Financial Services Industry | Financials Sector | Christian Ian Brown CEO | NYSE Exchange | 155923105 CUSIP |
| US Country | 8,687 Employees | - Last Dividend | - Last Split | - IPO Date |
Centuri Holdings, Inc., rooted in over a century of operational history since its foundation in 1909, stands as a prominent utility infrastructure services provider across North America. Operating as a subsidiary of Southwest Gas Holdings, Inc., the company has built a reputation for its comprehensive range of services tailored to the utility infrastructure sector. With its headquarters in Phoenix, Arizona, Centuri Holdings, Inc. has diversified its operations into four distinct segments: U.S. Gas Utility Services; Canadian Gas Utility Services; Union Electric Utility Services; and Non-Union Electric Utility Services. This strategic segmentation enables the company to cater to a wide array of customer needs across various geographic locations and regulatory environments, emphasizing the modernization and enhancement of utility infrastructure for a sustainable future.
This segment encompasses a comprehensive suite of services targeted towards the maintenance, replacement, repair, and installation of local natural gas distribution utilities. By focusing on infrastructure modernization, Centuri Holdings, Inc. ensures the safe, efficient, and reliable delivery of natural gas to customers, supporting the utility sector's aim towards environmental sustainability and operational excellence.
Catering to both urban and local distribution networks, the electric utility services provided by Centuri Holdings focus on maintenance, replacement, repair, upgrade, and expansion. These services are critical for enhancing the resilience and capacity of electric transmission and distribution infrastructure. By addressing the growing needs for energy, particularly in renewable energy, data centers, and 5G datacom end markets, the company plays a pivotal role in supporting the transition to a more digital and renewable energy-driven economy.