Concrete Pumping Q4 revenue beats expectations

Overview

• Concrete services provider's Q4 revenue of $108.8 mln beat analyst expectations

• Adjusted EBITDA for Q4 was $30.7 mln, down from $33.7 mln last year

• Company expects FY 2026 revenue between $390 mln and $410 mln

Outlook

• Company expects fiscal year 2026 revenue between $390 mln and $410 mln

• Company plans $22 mln capital investment in fiscal year 2026 due to emissions laws

• Company anticipates free cash flow of at least $40 mln in fiscal year 2026

Result Drivers

• CONSTRUCTION DEMAND - Decline in residential and commercial construction demand due to high interest rates and tariff uncertainties affected revenue

• WASTE MANAGEMENT GROWTH - Waste management segment saw growth from organic volume increases and pricing improvements

• COST MANAGEMENT - Strategic pricing and cost management helped mitigate revenue pressures, per CEO Bruce Young

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the construction & engineering peer group is "buy."

• Wall Street's median 12-month price target for Concrete Pumping Holdings Inc is $7.50, about 0% even its January 12 closing price of $7.50

• The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 47 three months ago

Press Release: ID:nGNX8RTJss

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