NV5 Global NVEE reported its Q4 earnings results on Thursday, February 22, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
NV5 Global missed estimated earnings by 5.0%, reporting an EPS of $1.14 versus an estimate of $1.2.
Revenue was up $25.68 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.31% drop in the share price the next day.
Here's a look at NV5 Global's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.43 | 1.27 | 0.83 | 1.55 |
| EPS Actual | 1.51 | 1.29 | 0.88 | 1.21 |
| Revenue Estimate | 238.61M | 221.96M | 188.29M | 203.98M |
| Revenue Actual | 239.29M | 222.64M | 184.32M | 189.82M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
NV5 Global management provided guidance for FY 2024, expecting earnings between $5.0 and $5.06 per share.
To track all earnings releases for NV5 Global visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
