Limbach Holdings (NASDAQ:LMB) Full Year 2024 Results

Key Financial Results

• Revenue: US$518.8m (flat on FY 2023).
• Net income: US$30.9m (up 49% from FY 2023).
• Profit margin: 6.0% (up from 4.0% in FY 2023).
• EPS: US$2.75 (up from US$1.93 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Limbach Holdings Revenues Disappoint

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Construction industry in the US.

The company's shares are up 7.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Limbach Holdings' balance sheet.

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