IES Holdings is a diversified engineering and construction company with a national footprint and a focus on delivering specialized electrical and technology solutions. Its multi-segment strategy enables exposure to multiple end markets, including commercial, industrial, communications, infrastructure, and residential sectors. The company leverages its expertise in integrated systems and custom-engineered products to maintain a competitive edge in complex, large-scale projects.As of Friday, shares of IES Hol ...

My name is María Fernanda and I'm currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to predict what a business's earnings per share will do.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next ...

Core Insights - IES Holdings, Inc. (NASDAQ:IESC) is highlighted as a stock with strong potential, particularly due to its CEO Jeffrey Gendell, who is regarded highly in the industry [1] - The company provides a wide range of services including electrical, technology, and infrastructure across various sectors such as residential, commercial, and industrial projects [1] - IES Holdings is noted for its involvement in data center projects, which is expected to drive the stock price higher [1] Company Overview - IES Holdings, Inc. offers services that encompass communications systems, HVAC work, motor repair, power distribution products, and renewable-energy installations [1] - The company operates in multiple sectors, indicating a diversified business model that can mitigate risks associated with reliance on a single market [1] Market Position - The stock is perceived as a buy, with a positive outlook based on its operational focus and leadership [1] - While IES Holdings shows promise, there are suggestions that certain AI stocks may present greater upside potential with less downside risk [1]

Market Overview - The U.S. stock market experienced a significant rebound on November 21, 2025, with major indexes closing higher, recovering from earlier losses driven by optimism regarding potential interest rate cuts by the Federal Reserve [1][4] - The Dow Jones Industrial Average (DJI) rose 1.4%, adding 650 points, while the S&P 500 (SPX) gained 1.4%, closing at 6,590 points, and the Nasdaq Composite (IXIC) increased by 1.5% [2] Federal Reserve Influence - New York Federal Reserve President John Williams indicated support for a potential interest rate cut "in the near term," which shifted market expectations significantly, raising the likelihood of a rate cut at the December meeting to 73.1% from 39.1% [4] Corporate Performance - Nvidia (NVDA) reported a 62% year-over-year revenue increase to $57 billion, but its shares fell 3.2% on Thursday and 1.7% on Friday due to concerns over AI valuations [5] - Walmart (WMT) saw its stock decline by approximately 2% on Friday after a strong performance on Thursday, where it had jumped 6.5% following better-than-expected third-quarter results [6] - Retailers like Gap (GPS) and Ross Stores (ROST) had positive performances, with Gap surging 9.5% and Ross jumping 8.5% due to strong earnings [7] Notable Stock Movements - Alphabet (GOOGL) increased by over 3%, while Meta Platforms (META) added 1%. In contrast, Microsoft (MSFT) shares fell approximately 1%, and Oracle (ORCL) slid more than 4% [8] Upcoming Earnings and Economic Data - Several companies, including BJ's Wholesale Club Holdings (BJ) and IES Holdings (IESC), reported earnings after the market closed, with BJ's EPS at $1.16 against a forecast of $1.10 [9][10] - The upcoming week will feature key economic data releases, including the Producer Price Index (PPI) and Retail Sales for September, which were delayed due to a government shutdown [12]

IES HOLDINGS, INC. (NASDAQ: IESC) | Fourth Quarter Fiscal 2025 Update | September 30, 2025 Disclosures Forward-Looking Statements Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statemen ...

Employee Information - As of September 30, 2025, the Company had 10,283 employees, with 10,262 being full-time employees[76] - The Company has established two residential education centers to enhance employee training in technical skills for residential contracting[80] - The Company is committed to diversity and inclusion, prohibiting discrimination based on various protected statuses[77] - The Company has a strong safety culture, with safety performance exceeding industry averages[81] Financial Performance - Total revenues for the year ended September 30, 2025, were $3,371,468, an increase of 17% from $2,884,358 in 2024[304] - Gross profit for the same period was $859,497, representing a gross margin of approximately 25.5%[304] - Net income attributable to IES Holdings, Inc. for 2025 was $305,975, up 39.5% from $219,116 in 2024[304] - Basic earnings per share increased to $15.22 in 2025, compared to $10.02 in 2024, reflecting a growth of 52%[304] - Operating income for 2025 was reported at $383,529, which is a 27% increase from $300,876 in 2024[304] - Cash provided by operating activities rose to $286,096 in 2025, up from $234,404 in 2024, indicating a year-over-year increase of 22%[308] - Total stockholders' equity increased from $361,288 in 2022 to $883,955 in 2025, representing a growth of 144% over the three-year period[306] Assets and Liabilities - Total current assets rose to $1,085,481 in 2025, a 24% increase from $871,694 in 2024[302] - Total liabilities increased to $707,699 in 2025, up from $591,917 in 2024, indicating a growth of 19.5%[302] - Total assets increased to $1,595,661 in 2025 from $1,244,026 in 2024, representing a 28% growth[394] - Accounts payable and accrued expenses totaled $456,646 as of September 30, 2025, up from $363,582 in 2024, indicating a 25.6% increase[373] Revenue Recognition - The company recognized revenue on construction contracts over time, using costs incurred as a percentage of estimated total costs at completion[290] - The company recognizes revenue on construction contracts over time using the percentage of completion method, with contract costs including all direct material, labor, and insurance costs[324] - Remaining performance obligations as of September 30, 2025, were valued at $1,686,583, with an expected revenue recognition of approximately $1,029,713 over the next 12 months[367] - The Company recognized revenue of $147,995 related to contract liabilities for the year ended September 30, 2025, compared to $98,564 in 2024[366] Investments and Securities - The Company reported an unrealized gain of $7.5 million from marketable securities for the year ended September 30, 2025, with a total fair value of $104.6 million in these investments[278] - A 10% change in the market value of the Company's investments in marketable securities would result in a $10.5 million impact on pre-tax income[278] - The total unrealized gain on trading securities for the year ended September 30, 2025, was $7,485, compared to $1,789 in 2024[413] - The company’s total fair value of equity securities increased to $104,587 in 2025 from $31,639 in 2024, marking a substantial growth[417] Taxation - Total provision for income taxes increased to $96,805 in 2025 from $72,165 in 2024, representing a 34% increase year-over-year[10] - The company had approximately $3,785 million of federal net tax operating loss carry forward as of September 30, 2025[387] - Unrecognized tax benefits decreased to $5,975 in 2025 from $16,881 in 2024, a reduction of 65%[388] Acquisitions and Investments - The company completed three acquisitions in fiscal year 2025 for a total cash consideration of $51,826, contributing $17,478 in revenue and $1,910 in operating income[436][438] - The company purchased the remaining 20 percent noncontrolling interest in Bayonet for $32 million on June 28, 2024, and in Edmonson for $40 million on July 1, 2025[337] - The acquisition of Gulf Island Fabrication, Inc. is set at $12.00 per share, totaling an aggregate equity value of approximately $192 million[444] Debt and Financing - The Company had no borrowings outstanding under its revolving credit facility as of September 30, 2025[279] - The company had no outstanding borrowings as of September 30, 2025, with $294,455 available under its revolving credit facility[377] - The Fourth Amended and Restated Credit Agreement increased the revolver amount from $150,000 to $300,000 and extended the maturity date to January 21, 2030[375] Stock and Equity - The Company authorized an additional 750,000 shares under the Equity Incentive Plan, extending its term to February 19, 2035[396] - The average repurchase price for shares was $174.25 and $136.34 for the years ended September 30, 2025 and 2024, respectively, with 173,262 and 289,284 shares repurchased[399] - The Company issued 94,799 shares of treasury stock to employees during the year ended September 30, 2025[400] Miscellaneous - The Company expects increased compliance costs due to new climate-related regulations, particularly in California[84] - The Company is exposed to fluctuations in commodity prices, including copper, aluminum, and steel, which may impact operational results due to fixed contract nature[277] - The company maintained effective internal control over financial reporting as of September 30, 2025, based on COSO criteria[294]

Core Insights - IES Holdings, Inc. reported record earnings for fiscal 2025, with consolidated revenue increasing by 17% year-over-year and operating income rising by 27% due to strategic investments and strong demand in key markets [4][5]. Financial Performance - Fourth quarter revenue reached $898 million, a 16% increase from $776 million in the same quarter of fiscal 2024 [6]. - Operating income for the fourth quarter was $104.3 million, up 39% from $75.0 million year-over-year [6]. - Net income attributable to IES for the fourth quarter was $101.8 million, a 61% increase compared to $63.1 million in the same quarter of fiscal 2024 [6]. - For fiscal 2025, total revenue was $3.37 billion, a 17% increase from $2.88 billion in fiscal 2024 [6]. - Operating income for fiscal 2025 was $383.5 million, up 27% from $300.9 million in fiscal 2024 [6]. Segment Performance - The Communications segment generated $1.14 billion in revenue for fiscal 2025, a 47% increase driven by demand in the data center market [7]. - The Residential segment's revenue was $1.30 billion, reflecting a 6% decrease due to challenges in the housing market [8]. - Infrastructure Solutions segment revenue increased by 42% to $498.7 million, benefiting from strong demand for custom engineered solutions [9]. - The Commercial & Industrial segment saw revenue rise by 16% to $427.7 million, driven by activity in education and healthcare markets [10]. Future Outlook - The company anticipates continued growth in its Communications, Infrastructure Solutions, and Commercial & Industrial segments, particularly in the data center market [5]. - A definitive agreement to acquire Gulf Island Fabrication, Inc. has been announced, aimed at increasing capacity for custom manufactured products [5]. Capital Allocation - IES ended the fiscal year with $127.2 million in cash and $104.6 million in marketable securities, with no debt [12]. - Capital allocation highlights include $52.4 million invested in acquisitions and $67.3 million in capital expenditures [18].

Market Sentiment - The CNN Money Fear and Greed index increased, remaining in the "Extreme Fear" zone with a current reading of 6.5, down from a prior reading of 14.9 [1][6][7] Stock Performance - U.S. stocks closed lower, with the Dow Jones dropping approximately 387 points to 45,752.26, the S&P 500 declining 1.56% to 6,538.76, and the Nasdaq Composite falling 2.15% to 22,078.05 [4] - Walmart Inc. shares rose over 6% after exceeding earnings expectations and raising guidance [3] - Palo Alto Networks Inc. shares fell more than 7% following its first-quarter financial results and the announcement of acquiring Chronosphere [3] Economic Indicators - A stronger-than-expected U.S. jobs report showed non-farm payrolls increased by 119,000 in September, significantly above the forecast of 50,000, which dampened expectations for a December rate cut [2] - Markets now estimate a 64% probability that the Federal Reserve will maintain current rates in December [2] Sector Performance - Most sectors in the S&P 500 ended negatively, with information technology, consumer discretionary, and industrials experiencing the largest losses, while consumer staples stocks performed positively [4] Upcoming Earnings - Investors are anticipating earnings results from BJ's Wholesale Club Holdings Inc., IES Holdings Inc., and MINISO Group Holding Ltd. [5]

Group 1: Earnings Reports and Expectations - BJ's Wholesale Club Holdings Inc. is expected to report quarterly earnings of $1.09 per share on revenue of $5.35 billion [2] - Veeva Systems Inc. posted strong third-quarter results and raised its fiscal year earnings and revenue estimates above analyst expectations [2] - IES Holdings Inc. is anticipated to report quarterly earnings of $3.11 per share on revenue of $843 million [2] - Intuit Inc. reported better-than-expected first-quarter results and expects second-quarter revenue growth of approximately 14% to 15% [2] - Gap Inc. reported third-quarter earnings of 62 cents per share, exceeding the analyst estimate of 59 cents, with quarterly revenue of $3.94 billion [2] Group 2: Stock Performance - BJ's Wholesale shares fell 0.6% to $90.06 in after-hours trading [2] - Veeva shares dipped 6.7% to $252.40 in after-hours trading [2] - IES shares fell 0.3% to $357.00 in after-hours trading [2] - Intuit shares gained 3.2% to $658.00 in after-hours trading [2] - Gap shares gained 5.5% to $24.32 in after-hours trading [2]

Core Viewpoint - IES Holdings, Inc. is set to release its fiscal 2025 fourth quarter and year-end results on November 21, 2025, before market opening [1] Company Overview - IES Holdings, Inc. specializes in designing and installing integrated electrical and technology systems, as well as providing infrastructure products and services across various end markets, including data centers, residential housing, and commercial and industrial facilities [2] - The company employs over 10,000 individuals and serves clients throughout the United States [2]