NASDAQ$LMB

Limbach Holdings Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Revenue increased and EPS improved compared to prior year.

Limbach Holdings reported a 1.9% increase in revenue and a diluted EPS of $0.37 for the second quarter of 2020. The company's gross margin improved to 15.0%, and net income was $2.9 million compared to a net loss in the prior year.

  • Revenue increased 1.9% year-over-year to $135.2 million.
  • Gross margin improved to 15.0%, up from 13.3% in the prior year.
  • Diluted EPS increased to $0.37, compared to ($0.17) in the prior year.
  • Net cash provided by operating activities was $18.9 million, compared to net cash used in operating activities of $11.5 million in the prior year.

Headline financials

Total Revenue

$135M

Previous: $133M+1.8%
EPS (adj)

$0.37

Previous: -$0.20+285.0%
Gross Margin

15.0%

No prior period
SG&A as % of Revenue

10.2%

No prior period
Capital Expenditures

-$660K

Previous: -$1.23M+46.3%
Free Cash Flow

$2.29M

Previous: -$2.73M+183.7%
Net Income

$2.95M

Previous: -$1.5M+295.9%
Operating Income

$6.31M

Previous: $147K+4191.8%
Gross Profit

$20.3M

Previous: $17.4M+16.9%
Cash & Equivalents

$28.8M

Previous: $1.01M+2751.5%
Total Assets

$270M

Previous: $233M+15.7%
Stock-Based Comp

$140K

Previous: $515K-72.8%

Revenue & EPS history

Limbach · Revenue · Quarterly

$135M

Q2 2020+1.8%vs Q2 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The company provided revenue guidance of $560 to $600 million and adjusted EBITDA guidance of $22 to $24 million for 2020.

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 Q2 2020

Historical avgQ2 2020

+1.8%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+6.1%

Avg return

30 days after

59%

26 / 44 earnings

Positive

+27.5%

Q3 2024

Best reaction

-42.4%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.9%-29.7%-17.6%
Q4 2025-1.6%-7.9%-9.8%
Q3 2025-7.3%-14.0%-18.8%
Q1 2025+11.2%+18.4%+29.8%
Q4 2024+15.6%+11.0%+12.7%
Q3 2024+27.5%+31.7%+36.0%
Q2 2024+13.9%+13.0%+18.0%
Q1 2024-1.1%+4.7%+19.0%
Q4 2023-16.0%-14.8%-20.3%
Q3 2023+16.3%+16.5%+38.3%
Q2 2023+22.7%+18.9%+31.3%
Q1 2023+18.6%+13.6%+37.9%
Q4 2022+7.8%+15.9%+22.1%
Q3 2022+14.2%+13.7%+42.9%
Q2 2022+4.6%+14.9%+42.1%
Q1 2022-5.8%-1.7%+13.4%
Q4 2021-3.4%-7.7%-7.0%
Q3 2021+1.4%-2.0%+3.4%
Q2 2021-10.3%-7.8%-26.0%
Q1 2021-12.1%-11.2%-10.1%
Q4 2020+2.3%-9.3%-3.6%
Q3 2020+1.2%+9.8%+40.1%
Q2 2020+4.0%+13.9%+56.4%
Q1 2020+25.5%+21.3%+13.9%
Q4 2019+1.4%-7.3%+9.8%
Q3 2019-33.8%-36.8%-37.5%
Q2 2019-42.4%-44.0%-40.5%
Q1 2019+20.1%+35.1%+5.4%
Q4 2018+12.4%+17.7%+7.2%
Q3 2018-19.8%-22.0%-25.1%
Q2 2018-3.1%-6.6%-9.5%
Q1 2018-3.7%-4.3%-14.5%
Q4 2017+3.4%+8.8%+5.1%
Q3 2017-6.5%-7.6%-0.2%
Q2 2017+3.9%+2.5%+5.9%
Q4 2016+0.1%-2.4%-7.6%
Q1 2017+0.1%-0.9%-4.5%
Q3 2016+6.1%+5.4%-8.0%
Q4 2015+0.7%
Q2 2015+0.6%
Q1 2015-0.3%
Q4 2014+0.0%
Q3 2014+0.0%
Q2 2014-0.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro