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Limbach Holdings Earnings Preview

 

Limbach Holdings (NASDAQ:LMB) will be releasing its next round of earnings this Thursday, March 25. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Sell-side analysts are expecting Limbach Holdings's loss per share to be near $0.01 on sales of $135.60 million. In the same quarter last year, Limbach Holdings reported EPS of $0.13 on revenue of $138.86 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on LMB

If the company were to post earnings in line with the consensus estimate when it reports Thursday, EPS would be down 107.69%. Revenue would be down 2.35% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.08

-0.31

-0.16

0.10

EPS Actual

0.31

0.37

-0.01

0.13

Revenue Estimate

147.00 M

120.50 M

134.50 M

148.50 M

Revenue Actual

163.86 M

135.19 M

138.77 M

138.86 M

Stock Performance

Over the last 52-week period, shares are up 297.59%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Limbach Holdings is scheduled to hold the call at 09:00:00 ET and can be accessed here.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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