Limbach (LMB) Surpasses Q1 Earnings and Revenue Estimates

Core Viewpoint - Limbach (LMB) reported quarterly earnings of $1.12 per share, significantly exceeding the Zacks Consensus Estimate of $0.30 per share, marking an earnings surprise of 273.33% [1][2] Financial Performance - The company achieved revenues of $133.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 10.45% and showing an increase from $118.98 million year-over-year [2] - Over the last four quarters, Limbach has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Limbach shares have increased approximately 20.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.75, with projected revenues of $144.46 million, and for the current fiscal year, the estimate is $3.45 on revenues of $609.16 million [7] Industry Outlook - The Building Products - Maintenance Service industry, to which Limbach belongs, is currently ranked in the top 2% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Limbach's stock performance [5][6]