Energy Services Q3 revenue beats estimates

Reuters

Aug 12

Energy Services Q3 revenue beats estimates

Overview

Energy Services fiscal Q3 revenue grows 21% yr/yr, beating analyst expectations
Gross profit declines to $12.0 mln due to lower operational efficiency
Net income falls to $2.1 mln, impacted by absence of prior yr legal judgment

Outlook

Company optimistic about fiscal 2026 due to strong project opportunities
Energy Services expects continued growth from water and wastewater projects
Energy Services sees strong opportunities in electrical and mechanical projects

Result Drivers

GAS & WATER DISTRIBUTION - Revenue growth driven by increased work in Gas & Water Distribution business line, per President Doug Reynolds
BACKLOG INCREASE - Backlog rose by $24 mln sequentially, aided by water and wastewater project opportunities
OPERATIONAL EFFICIENCY - Decline in gross profit attributed to lower operational efficiency and less fixed cost coverage

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue	Beat	$103.60 mln	$88 mln (1 Analyst)
Q3 EPS		$0.12
Q3 Net Income		$2.10 mln

Analyst Coverage

The one available analyst rating on the shares is "buy"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for Energy Services Of America Corp is $21.00, about 54.6% above its August 8 closing price of $9.54

Press Release: ID:nPn4340lta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2558698059"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2558698059\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2558698059?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-12 04:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2558698059","market":"fut","top_or_hot":-1,"title":"Energy Services Q3 revenue beats estimates","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Energy Services Q3 revenue beats estimates</title></head><body><p><span>Overview</span></p><ul><li><p>Energy Services fiscal Q3 revenue grows 21% yr/yr, beating analyst expectations</p></li><li><p>Gross profit declines to $12.0 mln due to lower operational efficiency</p></li><li><p>Net income falls to $2.1 mln, impacted by absence of prior yr legal judgment</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company optimistic about fiscal 2026 due to strong project opportunities</p></li><li><p>Energy Services expects continued growth from water and wastewater projects</p></li><li><p>Energy Services sees strong opportunities in electrical and mechanical projects</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>GAS &amp; WATER DISTRIBUTION - Revenue growth driven by increased work in Gas &amp; Water Distribution business line, per President Doug Reynolds</p></li><li><p>BACKLOG INCREASE - Backlog rose by $24 mln sequentially, aided by water and wastewater project opportunities</p></li><li><p>OPERATIONAL EFFICIENCY - Decline in gross profit attributed to lower operational efficiency and less fixed cost coverage</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td><p>Beat</p></td><td><p>$103.60 mln</p></td><td><p>$88 mln (1 Analyst)</p></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$0.12</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$2.10 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The one available analyst rating on the shares is \"buy\"</p></li><li><p>The average consensus recommendation for the construction &amp; engineering peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Energy Services Of America Corp is $21.00, about 54.6% above its August 8 closing price of $9.54</p></li></ul><p>Press Release: <span>ID:nPn4340lta</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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WATER DISTRIBUTION - Revenue growth driven by increased work in Gas &amp; Water Distribution business line, per President Doug Reynolds</p></li><li><p>BACKLOG INCREASE - Backlog rose by $24 mln sequentially, aided by water and wastewater project opportunities</p></li><li><p>OPERATIONAL EFFICIENCY - Decline in gross profit attributed to lower operational efficiency and less fixed cost coverage</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td><p>Beat</p></td><td><p>$103.60 mln</p></td><td><p>$88 mln (1 Analyst)</p></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$0.12</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$2.10 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The one available analyst rating on the shares is \"buy\"</p></li><li><p>The average consensus recommendation for the construction &amp; engineering peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Energy Services Of America Corp is $21.00, about 54.6% above its August 8 closing price of $9.54</p></li></ul><p>Press Release: <span>ID:nPn4340lta</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ESOA","symbol_name":"Energy Services of America Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250811:nPLXBAB24A:1","article_id":"2558698059","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558698059","pubTimestamp":1754944837,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Energy Services Q3 revenue beats estimatesOverviewEnergy Services fiscal Q3 revenue grows 21% yr/yr, beating analyst expectationsGross profit declines to $12.0 mln due to lower operational efficiencyN","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ESOA":"Energy Services of America Corp."},"translate_title":"能源服务第三季度收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESOA":0.9},"content_text":"Energy Services Q3 revenue beats estimatesOverviewEnergy Services fiscal Q3 revenue grows 21% yr/yr, beating analyst expectationsGross profit declines to $12.0 mln due to lower operational efficiencyNet income falls to $2.1 mln, impacted by absence of prior yr legal judgmentOutlookCompany optimistic about fiscal 2026 due to strong project opportunitiesEnergy Services expects continued growth from water and wastewater projectsEnergy Services sees strong opportunities in electrical and mechanical projectsResult DriversGAS & WATER DISTRIBUTION - Revenue growth driven by increased work in Gas & Water Distribution business line, per President Doug ReynoldsBACKLOG INCREASE - Backlog rose by $24 mln sequentially, aided by water and wastewater project opportunitiesOPERATIONAL EFFICIENCY - Decline in gross profit attributed to lower operational efficiency and less fixed cost coverageKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueBeat$103.60 mln$88 mln (1 Analyst)Q3 EPS$0.12Q3 Net Income$2.10 mlnAnalyst CoverageThe one available analyst rating on the shares is \"buy\"The average consensus recommendation for the construction & engineering peer group is \"buy\"Wall Street's median 12-month price target for Energy Services Of America Corp is $21.00, about 54.6% above its August 8 closing price of $9.54Press Release: ID:nPn4340lta(This story was created using Reuters automation and AI based on LSEG and company data. 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