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Limbach (LMB) Tops Q2 Earnings Estimates
ZACKS· 2024-08-06 22:47
Limbach (LMB) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 35.14%. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.64, delivering a surprise of 77.78%. Over the last four quarters, the company has surp ...
Limbach(LMB) - 2024 Q2 - Quarterly Report
2024-08-06 20:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ 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 OF 1934 Commission File Number 001-36541 LIMBACH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware, USA 46-5399422 (State or other jurisdiction of incorporation o ...
Limbach(LMB) - 2024 Q2 - Quarterly Results
2024-08-06 20:22
FOR IMMEDIATE RELEASE Limbach Holdings, Inc. Announces Second Quarter 2024 Results Raising 2024 Revenue and Adjusted EBITDA Guidance after Delivering Q2 Net Income of $6.0 million and Record Quarterly Adjusted EBITDA of $13.8 million WARRENDALE, PA – August 6, 2024 – Limbach Holdings, Inc. (Nasdaq: LMB) ("Limbach" or the "Company") today announced its financial results for the quarter ended June 30, 2024. 2024 Second Quarter Financial Overview Compared to 2023 Second Quarter • Owner Direct Relationships ("O ...
Limbach Holdings Is Doing Even Better Than I Expected
Seeking Alpha· 2024-06-06 03:59
PM Images Introduction I've only written 2 articles on Limbach Holdings, Inc. (NASDAQ:LMB) since June 2023, but this stock has become one of my most successful picks here on Seeking Alpha - since the latest update, LMB is up a whopping 79% versus the S&P 500 (SP500) (SPX) Index of 24.86%: Seeking Alpha, my coverage of LMB stock As it has been six months since I last looked at LMB, I'd like to update my coverage today and look again at LMB's future prospects - is there still potential for further growth in t ...
Should Value Investors Buy Limbach (LMB) Stock?
Zacks Investment Research· 2024-05-14 14:46
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, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...
Limbach(LMB) - 2024 Q1 - Earnings Call Transcript
2024-05-09 15:30
Limbach Holdings, Inc. (NASDAQ:LMB) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Julie Kegley - Financial Profiles, Inc. Michael McCann - President and Chief Executive Officer Jayme Brooks - Executive Vice President and Chief Financial Officer Conference Call Participants Robert Brown - Lake Street Capital Markets Brandon Rogers - ROTH Capital Partners LLC Operator Good morning and welcome to the First Quarter 2024 Limbach Holdings Earnings Conference Call and Webcast. All pa ...
Limbach(LMB) - 2024 Q1 - Earnings Call Presentation
2024-05-09 13:45
• GCR Quarterly Gross Margin FY2023: ○ Q1: 16.6% ○ Q2: 17.1% ○ Q3: 19.3% ○ Q4: 15.0% Overarching Goal: Maximized Returns NASDAQ: LMB | 7 We help limit downtime, increase energy efficiency, and reduce operating costs by revitalizing existing infrastructure | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------|--------------|----------------------------|-------|-------|-------| | | | | | | | | | | TEAM | | | | | | | 1,300 | MEMBERS | | | | | | | | | Healthcare | Industrial & Manufacturing | ...
Limbach(LMB) - 2024 Q1 - Quarterly Report
2024-05-08 20:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36541 LIMBACH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware, USA 46-5399422 (State or other jurisdiction of (I.R.S. Employ ...
Limbach(LMB) - 2024 Q1 - Quarterly Results
2024-05-08 20:31
FOR IMMEDIATE RELEASE Limbach Holdings, Inc. Announces First Quarter 2024 Results Quarterly Revenue from Owner Direct Relationships (“ODR”) Segment up 26.5% Year-over-Year ODR Segment Accounted for 62.4% of Revenue and 71.3% of Consolidated Gross Profit for the Quarter Record Quarterly Consolidated Gross Margin of 26.1% Quarterly Net Income of $7.6 million, up 153.5% for the period and Adjusted EBITDA up 35.4% Year-over-Year Increase in 2024 Adjusted EBITDA Guidance Range - $51 million to $55 million WARREN ...
Limbach (LMB) is on the Move, Here's Why the Trend Could be Sustainable
Zacks Investment Research· 2024-04-30 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.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 stock alive.Our " ...