Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

Limbach (LMB) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price moveme ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Limbach Holdings, Inc. (LMB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, LMB's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages ...

Have you been paying attention to shares of Limbach (LMB) ? Shares have been on the move with the stock up 54.5% over the past month. The stock hit a new 52-week high of $122.76 in the previous session. Limbach has gained 40.2% since the start of the year compared to the 2.8% move for the Zacks Business Services sector and the 23.2% return for the Zacks Building Products - Maintenance Service industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't ...

Limbach (LMB) FY Conference May 08, 2025 12:00 PM ET Speaker0 Great. Thank you, everybody. Mike McCann, President and CEO of Limbach Holdings. Joining me on this call today will be Jamie Brooks, EVP and CFO. She'll be available for Q and A. So look forward to getting into the discussion today, a little bit about Limbach Holdings. We reported at the end of the day, Monday, and we'll be talking about our growth strategy and market opportunity. So the first thing, a lot of times we are classified as E and C co ...

Limbach (LMB) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Speaker0 Good morning, and welcome to the First Quarter '20 '20 '5 Limbach Holdings, Inc. Earnings Conference Call and Webcast. All participants will be in listen only mode. I will now turn the conference over to your host, Julie Kegley of Financial Profiles. You may begin. Speaker1 Good morning and thank you for joining us today to discuss Limbach Holdings financial results for the first quarter twenty twenty five. Yesterday, Limbach issued its e ...

NASDAQ: LMB Investor Presentation Q1 Earnings | May 2025 Growth & Market Positioning Forward Looking Statements We make forward-looking statements in this presentation within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events, including, without limitation, the execution of the Company's long-term strategic roadmap and Limbach 3.0. These statements may be preceded by, followed by or include the words "ma ...

Core Viewpoint - Limbach (LMB) reported quarterly earnings of $1.12 per share, significantly exceeding the Zacks Consensus Estimate of $0.30 per share, marking an earnings surprise of 273.33% [1][2] Financial Performance - The company achieved revenues of $133.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 10.45% and showing an increase from $118.98 million year-over-year [2] - Over the last four quarters, Limbach has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Limbach shares have increased approximately 20.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.75, with projected revenues of $144.46 million, and for the current fiscal year, the estimate is $3.45 on revenues of $609.16 million [7] Industry Outlook - The Building Products - Maintenance Service industry, to which Limbach belongs, is currently ranked in the top 2% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Limbach's stock performance [5][6]

Revenue and Profitability - Total revenue for the three months ended March 31, 2025, was $133.1 million, an increase of $14.1 million or 11.9% compared to $119.0 million in the same period of 2024 [160]. - ODR revenue increased by $16.1 million, or 21.7%, reaching $90.4 million, while GCR revenue decreased by $2.0 million, or 4.5%, totaling $42.7 million [161]. - Gross profit for the total revenue was $36.7 million, representing a gross margin of 27.6%, compared to $31.1 million and 26.1% in the prior year [160]. - The Company reported a net income of $10.2 million for the three months ended March 31, 2025, compared to $7.6 million in the same period of 2024, reflecting a net margin of 7.7% [160]. - The Company's gross profit for the three months ended March 31, 2025 increased by $5.6 million, or 18.1%, compared to the same period in 2024, with ODR gross profit rising by $4.0 million (18.0%) and GCR gross profit increasing by $1.6 million (18.3%) [162]. Expenses and Costs - Selling, general and administrative expenses for the three months ended March 31, 2025, were $26.5 million, or 19.9% of total revenue, compared to $22.9 million, or 19.2% in the prior year [160]. - Selling, general and administrative (SG&A) expenses increased by approximately $3.6 million, or 15.9%, for the three months ended March 31, 2025, primarily due to a $2.0 million increase in payroll-related expenses [164]. - Amortization of intangibles for the period was $1.9 million, up from $1.1 million in the prior year, reflecting the impact of recent acquisitions [160]. - Amortization of intangibles increased by $1.1 million, or 76.3%, for the three months ended March 31, 2025, primarily due to acquisitions [166]. - The Company continues to monitor the impact of inflation and tariffs on its cost structure, with higher costs of materials affecting specific projects in 2024 [183]. Acquisitions and Market Expansion - The Company acquired two companies in 2023 for a total cash consideration of $15.3 million, including ACME for $5.0 million and Industrial Air for $13.5 million [155]. - The acquisition of Kent Island Mechanical for $15.0 million and Consolidated Mechanical for $23.0 million further expanded the Company's market share and capabilities in the mechanical contracting sector [156][157]. - The Company is actively seeking strategic acquisitions to enhance its geographic footprint and service offerings [179]. Backlog and Future Revenue - The Company's ODR backlog as of March 31, 2025 was $249.0 million, up from $225.3 million as of December 31, 2024, with an estimated 87% expected to be recognized as revenue over the remainder of 2025 [170][171]. - The GCR backlog decreased to $120.2 million as of March 31, 2025, from $140.0 million at December 31, 2024, with an estimated 63% expected to be recognized as revenue over the remainder of 2025 [172]. - The Company’s existing current backlog is projected to provide considerable coverage of forecasted revenue for one year from the date of the financial statement issuance [187]. Cash Flow and Liquidity - The Company generated $2.2 million in cash from operating activities for the three months ended March 31, 2025, compared to a cash outflow of $3.9 million for the same period in 2024 [189]. - The Company has $38.1 million in cash and cash equivalents as of March 31, 2025, which, along with available borrowing capacity of $34.9 million, is expected to meet working capital and capital expenditure requirements for at least the next 12 months [197]. - The Company experienced a cash outflow of $1.9 million in investing activities for the three months ended March 31, 2025, slightly down from $2.0 million in 2024 [192]. - Cash flows used in financing activities increased to $7.2 million for the three months ended March 31, 2025, compared to $5.7 million in the same period of 2024 [194]. - The Company’s cash flows are primarily impacted by fluctuations in working capital, influenced by contract mix and timing of cash payments [186]. Debt and Financial Position - As of March 31, 2025, the total long-term debt of the company is $23.692 million, an increase from $23.554 million as of December 31, 2024 [198]. - The company has approximately $113.0 million in surety bonds outstanding as of March 31, 2025, compared to $109.3 million as of December 31, 2024 [199]. - The company believes its $800.0 million bonding capacity provides a significant competitive advantage over competitors with limited bonding capacity [199]. - The Company’s current ratio improved to 1.55 as of March 31, 2025, up from 1.46 as of December 31, 2024, indicating better liquidity [188]. Tax and Other Income - The Company recorded an income tax benefit of $2.2 million for the three months ended March 31, 2025, compared to $0.3 million for the same period in 2024, with an effective tax rate of (27.8)% [168]. - Total other income decreased to $0.08 million for the three months ended March 31, 2025, down from $0.7 million in 2024, driven by a loss associated with the interest rate swap arrangement [167]. - The change in fair value of contingent consideration related to acquisitions was $427,000 for the three months ended March 31, 2025 [160]. - The change in fair value of contingent consideration was an expense of $0.4 million for the three months ended March 31, 2025, down from $0.6 million in 2024 [165]. - The company recognized interest income of approximately $0.4 million for the three months ended March 31, 2025 [211]. Pension and Insurance - The company participates in approximately 50 multiemployer pension plans (MEPPs) and is responsible for any plan underfunding [202]. - The company accrues for the unfunded portion of costs for both reported claims and claims incurred but not reported related to its self-insurance policies [201]. - The company has not experienced any losses in its cash and cash equivalents, maintaining a conservative investment policy [211].