Post by
retiredcf on Nov 10, 2024 12:47pm
Another View
EPS of 69c beat estimates of 68c; Revenue of $898M missed estimates of $962.4M. EBITDA of $70M beat estimates by 2.6%. Some profit-taking on BDT kicked in after its double this year. Revenue was less than anticipated due to 'minor delays' in starting some new projects, pushing revenue into early 2025. Earnings still rose year over year. Backlog also rose $1.3B to $3.8B. A bit disappointing, but not a crisis here.(5iResearch)