Concrete Pumping Holdings Shares Fall After 2025 Outlook Cut

Dow Jones

2025/03/12

By Katherine Hamilton

Concrete Pumping Holdings' shares fell after it lowered its revenue outlook for 2025.

The stock fell 9% to $5.48 after the market closed Tuesday. It has lost 23% of its value over the past 12 months.

The concrete pumping services provider on Tuesday lowered its revenue guidance for the full year to $400 million to $420 million, down from a previously estimated range of $425 million to $445 million.

It posted a first-quarter loss of $3.1 million, or 6 cents a share, for the three months ended Jan. 31, compared with a loss of $4.3 million, or 8 cents a share the prior year.

Revenue fell 12% to $86.4 million, below the $91.1 million estimated by analysts, according to FactSet.

Commercial construction volume in the first quarter slowed down due to high interest rates, and project starts were delayed in the U.S. and U.K., Chief Executive Bruce Young said. Severe weather events also contributed to lower revenue.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 11, 2025 18:19 ET (22:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It has lost 23% of its value over the past 12 months. \n</p>\n<p>\n  The concrete pumping services provider on Tuesday lowered its revenue guidance for the full year to $400 million to $420 million, down from a previously estimated range of $425 million to $445 million. \n</p>\n<p>\n  It posted a first-quarter loss of $3.1 million, or 6 cents a share, for the three months ended Jan. 31, compared with a loss of $4.3 million, or 8 cents a share the prior year. \n</p>\n<p>\n  Revenue fell 12% to $86.4 million, below the $91.1 million estimated by analysts, according to FactSet. \n</p>\n<p>\n  Commercial construction volume in the first quarter slowed down due to high interest rates, and project starts were delayed in the U.S. and U.K., Chief Executive Bruce Young said. Severe weather events also contributed to lower revenue. \n</p>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 11, 2025 18:19 ET (22:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4129","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518703473","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518703473","pubTimestamp":1741731540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Concrete Pumping Holdings' shares fell after it lowered its revenue outlook for 2025.The stock fell 9% to $5.48 after the market closed Tuesday. 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Severe weather events also contributed to lower revenue.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4129":"建筑与工程","BBCP":"Concrete Pumping Holdings"},"translate_title":"Concrete Pumping Holdings 2025年前景下调后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBCP":1},"content_text":"By Katherine Hamilton \n\n\nConcrete Pumping Holdings' shares fell after it lowered its revenue outlook for 2025. \n\n\n  The stock fell 9% to $5.48 after the market closed Tuesday. It has lost 23% of its value over the past 12 months. \n\n\n  The concrete pumping services provider on Tuesday lowered its revenue guidance for the full year to $400 million to $420 million, down from a previously estimated range of $425 million to $445 million. \n\n\n  It posted a first-quarter loss of $3.1 million, or 6 cents a share, for the three months ended Jan. 31, compared with a loss of $4.3 million, or 8 cents a share the prior year. \n\n\n  Revenue fell 12% to $86.4 million, below the $91.1 million estimated by analysts, according to FactSet. \n\n\n  Commercial construction volume in the first quarter slowed down due to high interest rates, and project starts were delayed in the U.S. and U.K., Chief Executive Bruce Young said. Severe weather events also contributed to lower revenue. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  March 11, 2025 18:19 ET (22:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}