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Olympic Steel (ZEUS) Earnings Call Presentation
2025-06-25 15:35
Forward-Looking Statements Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please refer to the Company's Securities and Exchange Commission filings for further information ...
Hilltop's Tom Kozlik says airports and colleges are attractive muni plays
CNBC Television· 2025-06-20 18:16
price, go to Finance buzz. com. >> All right.Welcome back. No secret to those of us here in the New York area that a runway at Newark Airport has been closed for repairs. The airport has suffered, shall we say, some problems.And while that may bother you, the traveler, your next guest actually sees a buying opportunity from this and more. Joining us is Tom Kozak. He is head of public policy and municipal strategies at Hilltop Securities.Do not worry, Tom. We will not talk about rodent tracks or anything els ...
Great Lakes Dredge & Dock Hits 24.7% EBITDA Margin: What's Next?
ZACKS· 2025-06-16 13:26
Core Insights - Great Lakes Dredge & Dock Corporation (GLDD) is experiencing margin expansion, indicating its competitive strength in securing large-scale capital and coastal protection projects alongside mainstream dredging services [1] - The company's adjusted EBITDA margin increased by 230 basis points to 24.7%, and gross margin rose by 570 basis points to 28.6% in Q1 2025, driven by a new build program and robust public infrastructure spending [1][8] - GLDD's stock has risen 31.8% over the past three months, outperforming the broader construction sector and S&P 500 index [7][8] Company Developments - The new build program initiated in 2020 aims to modernize GLDD's fleet for coastal restoration and shoreline protection projects, expected to conclude by the end of 2025 or early 2026 [2] - The construction of Acadia, the first U.S.-flagged Jones Act-compliant subsea rock installation vessel, is part of this modernization effort [2] - GLDD is optimistic about the new hopper dredge, Amelia Island, designed for efficient operation in shallow and narrow waters along U.S. coastlines [2] Market Environment - Increased government funding for infrastructure projects at both state and federal levels is contributing to GLDD's top-line growth and margin expansion, reducing payment failure risks and enhancing revenue visibility [3] - Other heavy construction firms, such as Orion Group Holdings, Inc. and Granite Construction Incorporated, are also experiencing margin expansion due to favorable public infrastructure spending [4] Financial Performance - Orion Group reported an adjusted EBITDA margin of 4.3%, up 180 basis points year over year, supported by government initiatives like the Infrastructure Investment and Jobs Act [5] - Granite Construction's adjusted EBITDA margin expanded by 190 basis points to 4%, benefiting from improved project execution and higher volumes [6] - GLDD's current valuation is attractive, trading at a forward P/E ratio of 12.01X, indicating a potential entry point for investors [10] Earnings Estimates - GLDD's earnings estimates for 2025 and 2026 have increased by 39.1% to $0.96 per share and 11.8% to $0.95 per share, respectively, with 2025 showing a 14.3% year-over-year growth [12]
Energy Services of America Corporation (ESOA) FY Conference Transcript
2025-06-11 13:35
Energy Services of America Corporation (ESOA) FY Conference June 11, 2025 08:35 AM ET Speaker0 Next presenting company is Energy Services of America. Ticker symbol is ESOA on the Nasdaq. The company is involved in a number of different areas on the construction side, general contracting, water, gas distribution, transmission. And all things being equal here, in about two weeks, they will be one of the newest additions to the Russell two thousand, so a very nice milestone for the company to hit here in the p ...
Tornado Infrastructure Equipment Reports Record 2024 Results
Globenewswire· 2025-04-28 11:30
Net Income Per Share (diluted) Increased by 37.7% Compared to 2023CALGARY, Alberta, April 28, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its audited consolidated financial results for the year ended December 31, 2024, with comparisons to last year. The audited consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR+ at www.sedarp ...