Bowman Consulting Group Ltd reports results for the quarter ended June 30 - Earnings Summary

• Bowman Consulting Group Ltd BWMN.OQ reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of six analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -4 cents to 15 cents per share.

• Revenue rose 16.8% to $122.09 million from a year ago; analysts expected $120.10 million.

• Bowman Consulting Group Ltd's reported EPS for the quarter was 34 cents​.

• The company reported quarterly net income of $5.7 million.

• Bowman Consulting Group Ltd shares had risen by 19.7% this quarter and gained 37.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 41.3% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"

• Wall Street's median 12-month price target for Bowman Consulting Group Ltd is $35.50, about 3.1% above its last closing price of $34.41

This summary was machine generated from LSEG data August 6 at 09:02 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)