earnings
confidence high
sentiment positive
materiality 0.85
IES Holdings Q2 revenue up 24% to $706M; EPS $2.29 vs $0.92 YoY
IES Holdings, Inc.
2024-Q2 EPS reported
$4.16
revenue$1,340,177,000
- Revenue $706M (+24% YoY), operating income $77.7M (+146%), diluted EPS $2.29 vs $0.92.
- Adjusted EPS $2.29 vs $1.07; backlog $1.4B; cash $106M, no debt.
- Communications revenue +37%, Residential +11%, Infrastructure Solutions +44%, C&I +41%.
- Completed acquisition of Greiner Industries on April 1, expanding Infrastructure Solutions.
- Stock buyback authorization remaining $37.6M as of March 31, 2024.