Bird Construction Inc reports results for the quarter ended March 31 - Earnings Summary

• Bird Construction Inc BDT.TO reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of eight analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 13 cents to 24 cents per share.

• Revenue rose 4.3% to C$717.55 million from a year ago; analysts expected C$741.74 million.

• Bird Construction Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of C$9.39 million.

• Bird Construction Inc shares had risen by 19.4% this quarter and lost 0.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 36.6% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Bird Construction Inc is C$32.75

This summary was machine generated from LSEG data May 14 at 09:40 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)