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Concrete Pumping's Fiscal Q2 Earnings, Revenue Fall, Fiscal 2024 Revenue Guidance Cut
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Concrete Pumping's Fiscal Q2 Earnings, Revenue Fall, Fiscal 2024 Revenue Guidance Cut
Jun 6, 2024 2:27 PM

05:00 PM EDT, 06/06/2024 (MT Newswires) -- Concrete Pumping ( BBCP ) reported fiscal Q2 earnings late Thursday of $0.05 per diluted share, down from $0.09 per share a year earlier.

Analysts surveyed by Capital IQ expected $0.09.

Revenue in the quarter ended April 30 dropped to $107.1 million from $107.8 million a year earlier.

Analysts surveyed by Capital IQ projected $112.5 million.

The company cut fiscal 2024 revenue guidance to $455 million to $465 million from $460 million to $480 million. Analysts polled by Capital IQ expect $466.9 million.

Shares of Concrete Pumping Holdings ( BBCP ) fell 1.7% in after-hours activity.

Price: 7.40, Change: -0.13, Percent Change: -1.73

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