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Earnings Preview: Infrastructure and Energy


Benzinga | Aug 7, 2020 11:03AM EDT

Earnings Preview: Infrastructure and Energy

Infrastructure and Energy (NASDAQ: IEA) announces its next round of earnings this Monday, August 10. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Earnings and Revenue

Infrastructure and Energy EPS will likely be near $-0.04 while revenue will be around $350.00 million, according to analysts. Infrastructure and Energy EPS in the same period a year ago totaled $-0.61. Revenue was $327.96 million. If the company were to match the consensus estimate, earnings would be up 93.44%. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate -0.56 0.20 0.47 0.02EPS Actual -0.66 0.31 0.24 -0.61Revenue Estimate 245.00 M 405.00 M 355.00 M 330.00 MRevenue Actual 358.16 M 520.00 M 422.02 M 327.96 M

Stock Performance

Over the last 52-week period, shares are up 27.92%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Infrastructure and Energy is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/qn7b54de






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