NASDAQ$BBCP

Concrete Pumping Holdings In · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Concrete Pumping Holdings reported strong second quarter fiscal year 2021 results.

Concrete Pumping Holdings reported a 4% increase in revenue to $76.9 million compared to $74.0 million in the second quarter of fiscal year 2020. Adjusted EBITDA increased 7% to $25.0 million compared to $23.5 million, with adjusted EBITDA margin increasing 80 basis points to 32.6% compared to 31.8%.

  • Revenue increased 4% to $76.9 million.
  • Gross margin increased 30 basis points to 43.3%.
  • Adjusted EBITDA increased 7% to $25.0 million.
  • Total available liquidity increased to $134.9 million.

Headline financials

Total Revenue

$76.9M

Previous: $74M+3.8%
EPS (adj)

-$0.21

Previous: -$0.08-162.5%
Adjusted EBITDA Margin

32.6%

Previous: 31.8%+2.5%
Gross Margin

43.3%

Previous: 43.0%+0.7%
Capital Expenditures

-$16.7M

Previous: -$23.3M+28.5%
Free Cash Flow

$19.5M

Previous: $3.68M+430.3%
Net Income

-$10.9M

Previous: -$59M+81.6%
Operating Income

$6.78M

Previous: -$52.5M+112.9%
Gross Profit

$33.3M

Previous: $31.9M+4.5%
Cash & Equivalents

$13.7M

Previous: $18M-24.0%
Total Assets

$772M

Previous: $804M-4.1%
Stock-Based Comp

$3.35M

Previous: $1.38M+142.2%

Revenue & EPS history

CPH · Revenue · Quarterly

$76.9M

Q2 2021+3.8%vs Q2 2020
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Revenue by segment

CPH · $77.1M total across 3 segments · Q2 2021

  • U.S. Concrete Pumping
    $56.2M
  • U.K. Operations
    $11.9M
  • U.S. Waste Management
    $9M

Forward guidance

The Company continues to expect fiscal year 2021 revenue to range between $300.0 million to $310.0 million, Adjusted EBITDA to range between $105.0 million to $110.0 million, and free cash flow to range between $47.5 million and $52.5 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.1%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-2.0%

Avg return

30 days after

39%

14 / 36 earnings

Positive

+30.7%

Q2 2026

Best reaction

-25.3%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+30.7%+34.3%
Q1 2026+5.5%+2.1%+12.7%
Q4 2025-9.6%-15.6%-11.5%
Q3 2025+12.4%+4.4%+3.7%
Q2 2025+0.0%-1.7%+17.1%
Q1 2025-17.9%-0.7%-4.6%
Q4 2024+11.4%+18.2%+15.1%
Q3 2024-15.9%-12.5%-7.5%
Q2 2024-12.3%-12.8%-24.7%
Q1 2024-2.9%-2.9%-1.9%
Q4 2023-0.3%-4.2%+3.2%
Q3 2023+7.1%+12.6%+17.2%
Q2 2023-4.3%-3.1%+9.9%
Q1 2023-4.9%-5.9%-14.6%
Q4 2022+19.9%+23.3%+17.4%
Q3 2022+5.2%+2.8%-3.6%
Q2 2022+8.6%+5.1%+12.4%
Q1 2022-4.7%-10.0%-14.4%
Q4 2021+5.8%+0.6%-10.5%
Q3 2021-3.0%-6.3%-4.0%
Q2 2021+0.4%-0.8%-4.4%
Q1 2021+10.0%+5.9%+10.4%
Q4 2020+19.9%+23.7%+40.8%
Q3 2020-7.1%-8.6%+1.0%
Q2 2020+6.5%-6.9%-25.3%
Q1 2020-25.3%-27.7%-37.9%
Q4 2019-4.4%-10.6%-0.4%
Q3 2019-7.0%-1.7%-15.9%
Q2 2019-17.3%-12.9%+7.8%
Q1 2019+14.1%-3.0%-35.4%
Q3 2018-11.5%-10.9%-12.2%
Q4 2018-11.5%-10.9%-12.2%
Q2 2018-0.1%-0.1%+0.3%
Q1 2018-0.2%-0.2%+0.3%
Q4 2017-0.2%+0.0%+0.2%
Q2 2017-0.1%+0.3%+0.3%

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