Overview

* IES Holdings fiscal Q3 2025 rev grows 16% yr/yr, beating analyst expectations

* Adjusted EPS for fiscal Q3 beats consensus, driven by strong demand in Communications

* Co completes acquisition of Qypsys, expanding wireless network infrastructure capabilities

Outlook

* Company expects strong demand in data center market to continue

* IES sees challenges in Residential segment due to housing market softness

* Company optimistic about long-term Residential prospects due to demographics

Result Drivers

* DATA CENTER DEMAND - Strong demand in data center market drives growth in Communications, Infrastructure Solutions, and Commercial & Industrial segments

* RESIDENTIAL CHALLENGES - Residential segment revenue declines 8% due to soft housing market and price reductions from home builders

* COMMUNICATIONS GROWTH - Communications segment revenue surges 56% yr/yr, fueled by data center demand and improved project execution

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $890 mln $833 mln

Revenue (1

Analyst)

Q3 Beat $3.95 $3.55 (1

Adjusted Analyst)

EPS

Q3 Beat $79.80 $71 mln

Adjusted mln (1

Net Analyst)

Income

Q3 Net $77.20

Income mln

Q3 Beat $111.90 $100 mln

Operatin mln (1

g Income Analyst)

Analyst Coverage

* The one available analyst rating on the shares is "buy"

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

* Wall Street's median 12-month price target for IES Holdings Inc ( IESC ) is $340.00, about 3.8% below its July 31 closing price of $353.07

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.)