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BrightView Holdings (BV) Q2 Earnings Beat Estimates
Zacks Investment Research· 2024-05-01 23:46
BrightView Holdings (BV) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 57.14%. A quarter ago, it was expected that this investment company would post earnings of $0.05 per share when it actually produced earnings of $0.02, delivering a surprise of -60%.Over the last four quarters, the c ...
BrightView(BV) - 2024 Q2 - Quarterly Results
2024-05-01 20:18
COMPANY UPDATES FISCAL YEAR 2024 GUIDANCE 1 BLUE BELL, PA, May 1, 2024 -- BrightView Holdings, Inc. (NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2024. SECOND QUARTER FISCAL 2024 SUMMARY • Total revenue increased 3.5% year-over-year to $672.9 million, • Net income increased 253% year-over-year to $33.7 million, Net income margin expansion of 840 basis points, • Adju ...
BrightView(BV) - 2024 Q2 - Quarterly Report
2024-05-01 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading Symbol Name of exchange on which registered FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BrightView Holdings, Inc. (Exact name of Registrant as specified in its Charter) Securities registered pursuant to Section 12(g) of the Act: None Table of Contents Table of Contents Table of Contents This Quarterly Report on Form 10- ...
BrightView Partners with Red Wing Shoes to Equip 18,000 Team Members with Safety Boots
Businesswire· 2024-03-19 10:30
BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Photo: Business Wire)BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Photo: Business Wire)BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Ph ...
BrightView Declares Cash Dividend Payment on Preferred Stock
Businesswire· 2024-03-14 20:15
BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.91 million on its Series A Preferred Stock. The dividend represents payment for the period from December 31, 2023 to March 30, 2024, and will be paid on April 1, 2024, to holders of record as of March 15, 2024. On August 28, 2023, BrightView entered into an investment agreemen ...
BrightView Announces Upcoming Investor Conference Schedule
Businesswire· 2024-03-12 20:15
BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that it will participate in the following investor events: Craig-Hallum Capital Group Fireside Chat Date: Thursday, March 14, 2024 Location: Virtual Jefferies Business Services Summit Date: Thursday, March 21, 2024 Location: New York, New York BrightView has made available on its investor relations website an updated investor presentation for use ...
BrightView Q1: Divestitures And Lower Leverage Could Imply Undervaluation With Risks
Seeking Alpha· 2024-02-07 16:26
Thanasis/Moment via Getty ImagesBrightView Holdings, Inc. (NYSE:BV) recently reported divestitures at double digit EBITDA multiple, and announced cash re-investments that may bring operating margin growth. Furthermore, recent decreases in the net debt/EBITDA ratio and new announcements with regard to new M&A growth make BV a buy. Even considering risks from the total amount of debt obligations, goodwill impairments, or changes in the environmental regulations, BV does trade undervalued. BrightView’s Bus ...
BrightView Holdings: Business Realignment Can Unlock Value
Seeking Alpha· 2024-02-07 09:21
welcomia/iStock via Getty Images BV Has Upside Despite The Challenges I have previously discussed BrightView Holdings (NYSE:BV), and you can read the latest article here. As discussed in my previous iteration, the company will continue looking for profitability improvement. However, it will look to refine its approach at the start of Q2. It realigned the business by integrating the tree and golf services into core maintenance branches while divesting the non-core U.S. Lawns franchisee. The sale proceed ...
BrightView(BV) - 2024 Q1 - Earnings Call Transcript
2024-02-01 19:45
BrightView Holdings, Inc. (NYSE:BV) Q1 2024 Results Conference Call February 1, 2024 8:30 AM ET Company Participants Chris Stoczko - VP, Finance Dale Asplund - President and CEO Brett Urban - CFO Conference Call Participants Bob Labick - CJS Securities Andrew Wittman - Robert W Baird & Co. Tim Mulrooney - William Blair Andrew Steinerman - JPMorgan George Tong - Goldman Sachs Operator Hello and welcome to the BrightView Holdings Q1 2024 Earnings Call. My name is Elliot, I'll be coordinating your call today. ...
EverSmith Brands Acquires U.S. Lawns, Expanding Its Landscaping Portfolio
Prnewswire· 2024-02-01 15:00
CHARLOTTE, N.C., Feb. 1, 2024 /PRNewswire/ -- Today EverSmith Brands announced the acquisition of U.S. Lawns, a franchised provider of commercial landscaping and snow removal services for U.S. commercial properties. This investment is the latest add-on to EverSmith Brands' portfolio of B2B service-based franchise companies.U.S. Lawns was acquired from BrightView Holdings, Inc. (NYSE: BV), a leading commercial landscaping services company in the United States. EverSmith Brands Acquires U.S. Lawns Post thi ...