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NV5 Holdings Inc (NVEE)
:NVEE
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.3Last Year’s EPS
0.29Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -27.15%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record-breaking growth in several segments. However, there were challenges due to interest rate impacts on certain projects and a conservative revision of financial guidance. Overall, the company remains optimistic about future growth.Company Guidance
During the NV5 earnings call for the third quarter of 2024, the company reported impressive financial metrics, highlighting a 6% organic growth, a 13% increase in gross profit, and a 31% rise in net income. Furthermore, the adjusted EBITDA grew by 21%, achieving an 18% adjusted EBITDA margin. The company's backlog reached $914 million, reinforcing their confidence in achieving a $1 billion revenue run rate by the end of the year. The infrastructure segment generated $101 million, with significant contributions from engineering design and survey, utility services, and construction quality assurance services. Geospatial revenues amounted to $84 million, with a significant portion derived from federal government contracts. The Building and Technology Service Group saw robust growth, particularly in data center services, with expectations to double revenue in 2025. Overall, NV5 demonstrated strong financial performance and strategic growth across its business segments.Record Performance in Q3 2024
Organic growth increased by 6%, gross profit rose by 13%, and net income showed a 31% increase. Adjusted EBITDA grew by 21% with an 18% adjusted EBITDA margin.
Infrastructure Segment Achievements
Infrastructure segment generated $101 million in Q3. Notable wins include a $33 million record project in utility services and a $5.4 million contract in construction quality assurance.
Geospatial Segment Growth
Geospatial revenue was $84 million with significant wins like the $290 million multi-award Luna A contract. The segment experienced demand growth in transportation and utilities programs.
Building and Technology Segment Expansion
Data center services continue strong growth with major U.S. project awards. The Technology and Acoustics Group had a record quarter in organic growth, revenue, and EBITDA.
Strong Cash Flow and Profitability
Cash flow from operations reached a record $48.9 million, a 145% increase. The net leverage remains low at 1.3x.
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NVEE 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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NVEE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $25.27 | $23.35 | -7.60% |
| Aug 07, 2024 | $23.77 | $24.38 | +2.57% |
| May 08, 2024 | $23.50 | $24.03 | +2.26% |
| Feb 22, 2024 | $27.23 | $25.56 | -6.13% |
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 NV5 Holdings Inc (NVEE) report earnings?
NV5 Holdings Inc (NVEE) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is NV5 Holdings Inc (NVEE) earnings time?
NV5 Holdings Inc (NVEE) earnings time is at Mar 04, 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 NVEE EPS forecast?
NVEE EPS forecast for the fiscal quarter 2024 (Q4) is 0.3.
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