Centuri Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Centuri Holdings Inc CTRI.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of six analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 13 cents to 33 cents per share.

• Revenue rose 7.7% to $724.05 million from a year ago; analysts expected $704.91 million.

• Centuri Holdings Inc's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $8.05 million.

• Centuri Holdings Inc shares had fallen by 2.6% this quarter and gained 13.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 2 "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 Centuri Holdings Inc is $24.00, about 9% above its last closing price of $21.85

This summary was machine generated from LSEG data August 6 at 02:17 p.m. UTC. ​All figures in US 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)