Limbach Holdings, Inc. ($LMB) 3Q20 Earnings Sneak Preview

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Limbach Holdings, Inc. (NASDAQ:LMB) is expected to report third quarter earnings results, before market open, on Thursday 12th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.08 per share.

Looking ahead, the full year income are expected at $ 0.61 per share on the revenues of $ 567.46 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 560.00 million ~ $ 600.00 million

Click Here For More Historical Outlooks Of Limbach Holdings, Inc.

Previous Quarter Performance

Limbach Holdings, Inc. came out with income for the second quarter of $ 0.37 per share, from the revenue of $ 135.19 million. The quarterly revenues declined 8.51 percent compared with the same quarter last year. Street analysts expected Limbach Holdings, Inc. to report income of $ 0.07 per share on revenue of $ 138.50 million for the second quarter. The bottom line results beat street analysts by $ 0.3 or 428.57 percent, at the same time, top line results fell short of analysts by $ 3.31 million or 2.39 percent.

Stock Performance

Shares of Limbach Holdings, Inc. traded up $ 0.23 or 2.62 percent on Wednesday, reaching $ 9.00 with volume of 60.40 thousand shares. Limbach Holdings, Inc. has traded high as $ 9.25 and has cracked $ 8.65 on the downward trend

The closing price of $ 9.00, representing a 270.04 % increase from the 52 week low of $ 2.37 and a 29.67 % decrease over the 52 week high of $ 12.47.

The company has a market capital of $ 70.96 million and is part of the Industrials sector and Engineering & Construction industry.

Conference Call

Limbach Holdings, Inc. will be hosting a conference call at 10:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 866-604-1698 U.S. or 201-389-0844 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.limbachinc.com

Limbach Holdings, Inc. provides commercial specialty contract services in the United States. It operates in two segments, Construction and Service.