Earnings Performance - Concrete Pumping reported quarterly earnings of 0 14 per share, representing a 14 29% earnings surprise [1] - The company posted revenues of 120 2 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates once and revenue estimates once [2] Stock Performance and Market Comparison - Concrete Pumping shares have lost about 0 3% since the beginning of the year, underperforming the S&P 500's gain of 0 5% [3] - The stock is currently rated Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Earnings Outlook and Estimate Revisions - The current consensus EPS estimate is -89 7 million in revenues for the coming quarter and 428 2 million in revenues for the current fiscal year [7] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5] - The estimate revisions trend for Concrete Pumping is mixed ahead of the earnings release [6] Industry Context - Concrete Pumping belongs to the Zacks Waste Removal Services industry, which is currently in the bottom 31% of the 250 plus Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - Xylem, another company in the same industry, is expected to post quarterly earnings of 2 19 billion, up 3 3% from the year-ago quarter [9]
Concrete Pumping (BBCP) Surpasses Q4 Earnings and Revenue Estimates