Limbach: Q4 ODR Revenue Surges 21%
Limbach Holdings reported strong earnings with an EPS of $1.15, exceeding expectations, despite missed revenue targets.
Building systems solutions provider Limbach Holdings (NASDAQ:LMB) reported mixed fourth-quarter 2024 earnings on Tuesday, March 10. Adjusted earnings per share (EPS) of $1.15 substantially beat the analyst consensus of $0.79, due to strong operational leverage. Q4 revenue, however, fell short of expectations at $143.7 million (compared to the forecasted $149 million).
Overall, the quarter highlighted strengths in specific strategic areas, while pointing to room for improvement in revenue generation.
Source: Limbach Holdings. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
