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Willdan Group (WLDN)
NASDAQ:WLDN
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.46Last Year’s EPS
0.4Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: 32.00%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Willdan Group, Inc. experienced a record-breaking year in 2024 with significant revenue growth, successful acquisitions, and strategic contract wins. The company maintains a strong cash flow and financial position, with a positive market outlook for 2025. However, the timing of revenue recognition from a major contract and the impact of prior exceptional opportunities created some challenges in comparing quarterly results. Overall, the highlights significantly outweigh the lowlights, indicating a strong positive sentiment.Company Guidance
During the Willdan Group, Inc. fourth quarter and full-year 2024 earnings call, the company provided robust guidance for fiscal year 2025, reflecting strong financial performance and strategic growth initiatives. Willdan reported a significant 11% increase in contract revenue and a 24% rise in adjusted EBITDA year-over-year. Additionally, GAAP EPS nearly doubled, and adjusted EPS rose by 39%. The company anticipates a positive long-term outlook, driven by its recent acquisitions and expanding technical capabilities in the commercial data center market. For 2025, Willdan expects net revenue between $320 million and $330 million, adjusted EBITDA of $63 million to $67 million, and adjusted EPS ranging from $2.70 to $2.85 per share. This guidance exceeds current consensus estimates and highlights Willdan's strategic emphasis on diversifying its customer base, with commercial customers now comprising 15% of revenue, state and local governments 44%, and utilities 41%. The company also noted a record level of free cash flow at $4.49 per share in 2024, underlining its strong financial position and readiness for further growth.Record-Breaking Financial Performance
In 2024, contract revenue increased by 11% to a record $566 million, and adjusted EBITDA rose by 24% year over year. Adjusted EPS was up 39%, and free cash flow per share was $4.49.
Successful Strategic Acquisitions
Willdan Group, Inc. completed three acquisitions in 2024, including Enica and APG, which have expanded technical capabilities in the commercial technology sector, particularly in data center electricity.
Major Contract Wins
Willdan Group, Inc. won all major recompetes in 2024, including a $330 million, five-year contract with the Los Angeles Department of Water and Power, expected to drive significant future revenue.
Strong Cash Flow and Liquidity
The company generated $72 million in cash flow from operations and $64 million in free cash flow in 2024, resulting in a strong financial position with $124 million in total liquidity.
Positive Market Outlook
There is a robust pipeline of opportunities for 2025, with expected net revenue between $320 million to $330 million and adjusted EBITDA between $63 million to $67 million, both above current street estimates.
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WLDN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WLDN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $32.22 | $41.80 | +29.73% |
| Oct 31, 2024 | $47.31 | $43.68 | -7.67% |
| Aug 01, 2024 | $33.18 | $37.00 | +11.51% |
| May 02, 2024 | $28.48 | $31.29 | +9.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Willdan Group (WLDN) report earnings?
Willdan Group (WLDN) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Willdan Group (WLDN) earnings time?
Willdan Group (WLDN) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WLDN EPS forecast?
WLDN EPS forecast for the fiscal quarter 2025 (Q1) is 0.46.
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