Financial Performance - For the fiscal year ended September 30, 2024, the company generated net service revenues of $2,767.1 million, with a net income of $66.4 million and an Adjusted EBITDA of $324.7 million, resulting in a net income margin of 2.4% and an Adjusted EBITDA margin of 11.7%[20]. - In the Maintenance Services segment, the company achieved net service revenues of $1,964.0 million, including $220.8 million from snow removal services, with a Segment Adjusted EBITDA of $279.7 million and a Segment Adjusted EBITDA Margin of 14.2%[25]. - The Development Services segment generated net service revenues of $808.8 million and a Segment Adjusted EBITDA of $106.3 million, with a Segment Adjusted EBITDA Margin of 13.1%[26]. - The company’s business model is characterized by stable, recurring revenues, strong operating margins, and significant Free Cash Flow, with limited capital expenditures and low working capital requirements[20]. Market Overview - The company operates in a highly competitive $113 billion commercial landscape maintenance and snow removal market, emphasizing its ability to provide a single-source solution for diverse commercial customers[20]. - The commercial landscaping services industry is projected to reach $113 billion in 2024, with a stable growth rate of 2.3% CAGR from 2020 to 2029[29]. - BrightView holds a 1.7% market share in a highly fragmented industry with over 660,000 enterprises providing landscape maintenance services in the U.S.[30]. - The private non-residential construction sector is expected to grow at an annualized rate of 1.3% from 2022 to 2027, supporting the demand for commercial landscape maintenance services[32]. Workforce and Employment - As of September 30, 2024, BrightView employed approximately 19,600 employees, including 15,750 in Maintenance Services and 2,950 in Development Services[35]. - The company utilized approximately 2,000 seasonal workers through the H-2B visa program in 2024[36]. - BrightView's maintenance services branches typically generate between $2 million and $22 million in annual revenues, serving 25-100 customers across 50-250 sites[33]. - The company aims for zero injuries and has implemented robust safety training and risk reduction activities to enhance employee wellbeing[37]. - BrightView's total rewards philosophy includes comprehensive health and wellness plans, retirement savings plans, and opportunities for incentive awards to attract and retain employees[38]. Operational Efficiency - BrightView has invested significantly in technology to enhance operational efficiencies and customer service, positioning itself as a leader in the commercial landscaping industry[51]. - The company has implemented an electronic time capture system for crew leaders, providing insights into job costing and crew productivity[51]. - BrightView maintains over 665 branch-level account managers responsible for customer satisfaction and contract renewals[52]. - The company employs over 200 business developers focused on acquiring new customers and a separate 34-member team targeting high-value opportunities[52]. - BrightView's marketing efforts include digital marketing and local field marketing teams to enhance brand awareness and customer referrals[52]. Risks and Variability - The company’s snow removal services are subject to variability based on snowfall levels, with performance benchmarks against ten- and thirty-year averages[24]. - Seasonal variability affects revenue, with higher earnings typically in the spring and summer months, while winter services are driven by snow removal[42]. - The company’s operations are impacted by various risks, including competitive pressures, customer outsourcing reductions, and compliance with environmental regulations[9]. Debt and Fuel Costs - As of September 30, 2024, BrightView had variable rate debt of $809.0 million at a weighted average interest rate of 8.1%[208]. - A 100 basis point change in interest rates on the variable rate debt would result in a change of approximately $2.7 million in fiscal 2024 interest expense[208]. - During the year ended September 30, 2024, BrightView purchased approximately 21.1 million gallons of fuel[209]. - A ten percent change in fuel prices would have resulted in a change of approximately $6.2 million in annual fuel costs[209]. Strategic Initiatives - The company launched the One BrightView initiative in November 2023 to enhance customer-centric operations and streamline its organizational structure for sustained profitable growth[28]. - BrightView has a fleet of approximately 15,500 trucks and trailers, believed to be the largest in the commercial landscape maintenance industry[53].

Wall Street analysts forecast that BrightView Holdings (BV) will report quarterly earnings of $0.31 per share in its upcoming release, pointing to a year-over-year increase of 63.2%. It is anticipated that revenues will amount to $727.81 million, exhibiting a decline of 2.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during thi ...

ArtistGNDphotography Thesis On 10 August 2023, I initiated coverage of BrightView Holdings, Inc. (BV) and noted how it looked like they were making smart contract decisions and had been careful enough about pricing that they were able to improve profit and, particularly, cash flow. But I pointed out a few issues too. I mentioned concerns such as the need for long-term growth, the success of a key cost-saving initiative called "Project Accelerate," and the search for a new CEO to guide the company. Given the ...

Third Quarter Fiscal 2024 | Earnings Call August 1, 2024 NYSE: BV Introductory Information Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the safe harbor provision of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which are subject to the "safe harbot" created by those secti ...

BrightView Holdings (BV) reported $738.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.6%. EPS of $0.32 for the same period compares to $0.44 a year ago. The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $739.9 million. With the consensus EPS estimate being $0.31, the EPS surprise was +3.23%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

BrightView Holdings (BV) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.23%. A quarter ago, it was expected that this investment company would post earnings of $0.07 per share when it actually produced earnings of $0.11, delivering a surprise of 57.14%. Over the last four quarters ...

Exhibit 99.1 _______________ BRIGHTVIEW REPORTS THIRD QUARTER EARNINGS WITH RECORD EBITDA; REAFFIRMS MIDPOINT OF FULL YEAR REVENUE, EBITDA, AND MARGIN GUIDANCE, AND RAISES FREE CASH FLOW GUIDANCE BLUE BELL, PA, July 31, 2024 -- BrightView Holdings, Inc. (NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the third quarter ended June 30, 2024. THIRD QUARTER FISCAL 2024 SUMMARY • Total revenue decreased 3.6% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, Par Value $0.01 Per Share BV New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. BrightView Holdings (BV) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underv ...