Benzinga | Aug 5, 2020 08:05AM EDT

Recap: BrightView Q3 Earnings

Shares of BrightView Holdings (NYSE:BV) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 8.70% over the past year to $0.42, which beat the estimate of $0.33.

Revenue of $608,100,000 declined by 7.47% from the same period last year, which missed the estimate of $620,940,000.

Outlook

Q4 revenue expected to be between $585,000,000 and $610,000,000.

Conference Call Details

Date: Aug 05, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.brightview.com%2Fevents-and-presentations%2Fevents-calendar%2Fdefault.aspx&eventid=2405676&sessionid=1&key=067E1FAE8FF6F609EA242E9FF6E0E77F&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $19.76

Company's 52-week low was at $6.85

Price action over last quarter: down 2.15%

Company Overview

BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through national branch network and are route-based in nature, and Development Services are comprised of sophisticated design, coordination and installation of landscapes at recognizable corporate, athletic and university complexes. The company generates a majority of its revenue from the Maintenance Services.