NASDAQ$BBCP
Concrete Pumping Holdings In · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported strong Q3 2023 results with double-digit revenue growth.
Concrete Pumping Holdings reported a record-setting third quarter, driven by double-digit revenue growth in every segment. Revenue increased by 16% to $120.7 million, and adjusted EBITDA increased by 16% to $34.9 million.
- Revenue increased 16% to $120.7 million compared to the prior year quarter.
- Gross profit increased 18% to $49.5 million compared to the prior year quarter.
- Net income was $10.3 million, compared to $13.0 million in the prior year quarter.
- Adjusted EBITDA increased 16% to $34.9 million compared to the prior year quarter.
Headline financials
Revenue & EPS history
CPH · Revenue · Quarterly
$121M
Revenue by segment
CPH · $121M total across 3 segments · Q3 2023
- U.S. Concrete Pumping$87.3M+12.8%72.1%
- U.K. Operations$17.3M+20.1%14.3%
- U.S. Waste Management$16.5M+28.9%13.6%
Forward guidance
The Company now expects fiscal year 2023 revenue of approximately $440.0 million, Adjusted EBITDA of approximately $125.0 million, and free cash flow of approximately $70.0 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-1.0%
Avg return
Earnings day
-2.0%
Avg return
5 days after
-2.0%
Avg return
30 days after
37%
13 / 35 earnings
Positive
+19.9%
Q4 2020
Best reaction
-25.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| 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% | |
| Q4 2018 | -11.5% | -10.9% | -12.2% | |
| Q3 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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