Advertisement
U.S. markets open in 4 hours 21 minutes
  • S&P Futures

    5,304.00
    -4.25 (-0.08%)
     
  • Dow Futures

    40,137.00
    -7.00 (-0.02%)
     
  • Nasdaq Futures

    18,481.00
    -22.75 (-0.12%)
     
  • Russell 2000 Futures

    2,134.20
    -4.20 (-0.20%)
     
  • Crude Oil

    81.85
    +0.50 (+0.61%)
     
  • Gold

    2,215.60
    +2.90 (+0.13%)
     
  • Silver

    24.54
    -0.21 (-0.86%)
     
  • EUR/USD

    1.0789
    -0.0041 (-0.38%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.95
    +0.17 (+1.33%)
     
  • GBP/USD

    1.2603
    -0.0035 (-0.28%)
     
  • USD/JPY

    151.4370
    +0.1910 (+0.13%)
     
  • Bitcoin USD

    70,818.62
    +1,165.31 (+1.67%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,955.61
    +23.63 (+0.30%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

NV5 Global Third Quarter 2022 Earnings: EPS Beats Expectations

NV5 Global (NASDAQ:NVEE) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$204.1m (up 10.0% from 3Q 2021).

  • Net income: US$16.1m (up 28% from 3Q 2021).

  • Profit margin: 7.9% (up from 6.8% in 3Q 2021). The increase in margin was driven by higher revenue.

  • EPS: US$1.09 (up from US$0.86 in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

NV5 Global EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Construction industry in the US.

Performance of the American Construction industry.

The company's shares are up 2.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of NV5 Global's balance sheet and an in-depth analysis of the company's financial position.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

Advertisement