Limbach Holdings, Inc. (NASDAQ:LMB) Q3 2024 Results Conference Call November 6, 2024 9:00 AM ET Company Participants Julie Kegley - Financial Profiles Mike McCann - President and CEO Jayme Brooks - Executive Vice President and CFO Conference Call Participants Rob Brown - Lake Street Capital Gerry Sweeney - Roth Capital Operator Good morning, and welcome to the Q3 2024 Limbach Holdings Earnings Conference Call and Webcast. All participants will be in listen only mode. [Operator Instructions]. I will now turn ...

Limbach (LMB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.77%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.50, delivering a surprise of 35.14%. Over the last four quarters, the company has surpa ...

Surety. The terms of its construction contracts frequently require that the Company obtain from surety companies, and provide to its customers, payment and performance bonds ("Surety Bonds") as a condition to the award of such contracts. The Surety Bonds secure the Company's payment and performance obligations under such contracts, and the Company has agreed to indemnify the surety companies for amounts, if any, paid by them in respect of Surety Bonds issued on its behalf. In addition, at the request of lab ...

FOR IMMEDIATE RELEASE Limbach Holdings, Inc. Announces Third Quarter 2024 Results Raising 2024 Adjusted EBITDA Guidance after Delivering Q3 Net Income of $7.5 million and Record Quarterly Adjusted EBITDA of $17.3 million WARRENDALE, PA – November 5, 2024 – Limbach Holdings, Inc. (Nasdaq: LMB) ("Limbach" or the "Company") today announced its financial results for the quarter ended September 30, 2024. 2024 Third Quarter Financial Overview Compared to 2023 Third Quarter • Owner Direct Relationships ("ODR") rev ...

Limbach Holdings, Inc. (LMB) is scheduled to release its third-quarter 2024 results on Nov. 5, after market close. See Zacks Earnings Calendar to stay ahead of market-making news. LMB surpassed the Zacks Consensus Estimate in the second quarter of 2024 by 35.1%. It has delivered an average earnings surprise of 67.9% across the past four quarters. LMB's Q3 Expectations The Zacks Consensus Estimate for revenues is pegged at $135 million, suggesting a 5.7% increase from the year-ago quarter's actual. The top l ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Limbach Holdings, Inc. (LMB) is a rare red-hot small cap company. This Zacks Rank #1 (Strong Buy) is up 85.9% year-to-date.Limbach is a building systems solutions firm specializing in revitalizing mission-critical electrical, plumbing, and mechanical/HVAC infrastructure within existing buildings.Headquartered in Pennsylvania, it works with building owners in six markets: healthcare, industrial and manufacturing, data centers, life science, higher education and cultural and entertainment.Limbach has more tha ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Limbach (LMB) 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Limbach is a member of our Business Services group, which inclu ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...