Benzinga | Jan 11, 2022 10:25AM EST

Concrete Pumping Holdings Earnings Preview

Concrete Pumping Holdings (NASDAQ:BBCP) is set to give its latest quarterly earnings report on Wednesday, 2022-01-12. Here's what investors need to know before the announcement.

Analysts estimate that Concrete Pumping Holdings will likely report an Earnings Per Share (EPS) of $0.10.

Concrete Pumping Holdings bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.03, which was followed by a 3.39% drop in the share price the next day.

Here's a look at Concrete Pumping Holdings's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.10 0.02 -0.05 0.04EPS Actual 0.07 0 0.05 -0.05Price Change % -3.39% -0.94% 9.4% 9.89%

Stock Performance

Shares of Concrete Pumping Holdings were trading at $8.37 as of January 10. Over the last 52-week period, shares are up 63.0%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here