Overview

* Bowman Consulting Group ( BWMN ) Q2 gross contract revenue rises 17%, beating analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats consensus

* The engineering services and program management firm repurchased $6.7 mln of common stock, showing confidence in equity value

Outlook

* Bowman raises 2025 net revenue guidance to $430-$442 mln

* Company expects 2025 adjusted EBITDA of $71-$77 mln

* Outlook excludes contributions from future acquisitions

Result Drivers

* STRONG DEMAND - Co reports strong demand in transportation, renewables, and energy transmission, driving growth

* CLIENT ENGAGEMENT - Increased client engagement attributed to expertise and differentiated capabilities

* BACKLOG GROWTH - Record backlog reflects strength of value proposition and client confidence

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Gross Beat $122.09 $120.10

Contract mln mln (5

Revenue Analysts

)

Q2 Beat $0.55 $0.07 (6

Adjusted Analysts

EPS )

Q2 Net $6.01

Income mln

Q2 $20.20

Adjusted mln

EBITDA

Q2 18.7%

Adjusted

EBITDA

Margin

Q2 $9.04

Income mln

From

Operatio

ns

Q2 $56.53

Operatin mln

g

Expenses

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction & engineering peer group is "buy"

* Wall Street's median 12-month price target for Bowman Consulting Group Ltd ( BWMN ) is $35.50, about 3.1% above its August 5 closing price of $34.41

* The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)