Limbach Holdings, Inc. (LMB) Announces Earnings Results, Misses Estimates By $0.01 EPS
Limbach Holdings, Inc. (NYSE:LMB) released its quarterly earnings results on Monday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by $0.01, Bloomberg Earnings reports. The company had revenue of $117.84 million for the quarter, compared to analyst estimates of $115.50 million.
Limbach Holdings (NYSE:LMB) traded down 0.4687% during trading on Tuesday, reaching $12.7002. 17,425 shares of the company were exchanged. The firm’s 50 day moving average price is $12.07 and its 200-day moving average price is $13.00. Limbach Holdings has a one year low of $8.53 and a one year high of $16.20. The stock’s market capitalization is $94.67 million.
ILLEGAL ACTIVITY NOTICE: This news story was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/limbach-holdings-inc-lmb-announces-earnings-results-misses-estimates-by-0-01-eps/1490578.html.
Separately, Zacks Investment Research raised shares of Limbach Holdings from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research report on Wednesday, June 21st.
A hedge fund recently raised its stake in Limbach Holdings stock. Silver Capital Management LLC boosted its position in Limbach Holdings, Inc. (NYSE:LMB) by 15.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,236 shares of the company’s stock after buying an additional 1,900 shares during the period. Silver Capital Management LLC owned approximately 0.19% of Limbach Holdings worth $171,000 at the end of the most recent reporting period.
Receive News & Ratings for Limbach Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limbach Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.