Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) is set to announce third quarter earning results on Wednesday 9th September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BBCP to report 3Q20 income of $ 0.04 per share.
For the full year, analysts anticipate top line of $ 311.32 million, while looking forward to loss of $ 1.07 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 315.00 million ~ $ 330.00 million
Click Here For More Historical Outlooks Of Concrete Pumping Holdings, Inc.
Previous Quarter Performance
Concrete Pumping Holdings, Inc. announced loss for the second quarter of $ 0.08 per share, from the revenue of $ 74.04 million. Street analysts expected Concrete Pumping Holdings, Inc. to report loss of $ 0.07 per share on revenue of $ 72.77 million for the second quarter. The bottom line results missed street analysts by $ 0.01 or 14.29 percent, at the same time, top line results outshined analysts by $ 1.27 million or 1.75 percent.
Stock Performance
Shares of Concrete Pumping Holdings, Inc. traded low $ -0.46 or -10.41 percent on Tuesday, reaching $ 3.96 with volume of 78.50 thousand shares. Concrete Pumping Holdings, Inc. has traded high as $ 4.39 and has cracked $ 3.83 on the downward trend
According to the previous trading day, closing price of $ 3.96, representing a 142.86 % increase from the 52 week low of $ 1.82 and a 27.66 % decrease over the 52 week high of $ 6.11.
The company has a market capital of $ 230.56 million and is part of the Industrials sector and Engineering & Construction industry.
Recent Analyst recommendations
- On 10th August 2020, initiated by UBS Group at Neutral rating, with $ 5.00 target price.
Conference Call
Concrete Pumping Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th September 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.concretepumpingholdings.com
Concrete Pumping Holdings, Inc. provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and the concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Camfaud brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.
