IES Holdings, Inc. (IESC) stock surged 20.95% in pre-market trading on Friday, following the release of its fiscal 2026 third quarter financial results that significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $6.70, crushing the analyst consensus estimate of $4.83 by 38.72%, and representing a 70.92% increase over earnings of $3.92 per share from the same period last year. Quarterly revenue came in at $1.24 billion, beating the Street estimate of $1.08 billion by approximately 15%. The blowout quarter was driven by robust demand across IES's end markets, particularly data centers, which fueled strong growth in the Communications, Infrastructure Solutions, and Commercial & Industrial segments.

Additionally, the company announced a two-for-one stock split to be paid in the form of a stock dividend, further boosting investor sentiment. The combination of the massive earnings beat and the shareholder-friendly stock split announcement propelled the stock significantly higher in the pre-market session.