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Market Impact: 0.35

Concrete Pumping (BBCP) Reports Q1 Loss, Beats Revenue Estimates

BBCP
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Concrete Pumping (BBCP) reported a quarterly loss of $0.06 per share versus the Zacks consensus loss of $0.09, beating estimates by $0.03 per share. The result compares with a loss of $0.04 a year ago, so despite the beat the company showed year-over-year deterioration; expect a modest, low-single-digit stock reaction to the earnings surprise.

Analysis

Concrete Pumping (BBCP) reported a quarterly loss of $0.06 per share versus the Zacks consensus loss of $0.09, beating estimates by $0.03 per share. The result compares with a loss of $0.04 a year ago, so despite the beat the company showed year-over-year deterioration; expect a modest, low-single-digit stock reaction to the earnings surprise.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

BBCP0.15