earnings
confidence high
sentiment positive
materiality 0.75
IES Holdings Q1 FY2022 revenue $481M (+53%), EPS $0.69 (adj. $0.83)
IES Holdings, Inc.
2022-Q1 EPS reported
$0.69
revenue$480,509,000
- Revenue $481M, up 53% YoY; diluted EPS $0.69 GAAP and $0.83 adjusted, up 19% YoY.
- Residential revenue $241.8M (+102%) from acquisitions and strong housing demand; Communications $127.4M (+30%).
- Backlog $948M at Dec 31; operating cash flow -$24.5M, net debt $60M.
- Repurchased 56,415 shares at avg $46.71; 813,205 shares remain under authorization.
- Infrastructure Solutions op income down 69% on supply chain and COVID disruptions; C&I segment turned profitable.