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Here's What Key Metrics Tell Us About BrightView (BV) Q3 Earnings
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BrightView Holdings (BV - Free Report) reported $738.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.6%. EPS of $0.32 for the same period compares to $0.44 a year ago.
The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $739.9 million. With the consensus EPS estimate being $0.31, the EPS surprise was +3.23%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BrightView performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Maintenance Services
: $524.70 million versus $531.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.1% change.
Shares of BrightView have returned +8.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About BrightView (BV) Q3 Earnings
BrightView Holdings (BV - Free Report) reported $738.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.6%. EPS of $0.32 for the same period compares to $0.44 a year ago.
The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $739.9 million. With the consensus EPS estimate being $0.31, the EPS surprise was +3.23%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BrightView performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for BrightView here>>>Revenue- Maintenance Services
: $524.70 million versus $531.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.1% change.Revenue- Maintenance Services - Snow Removal Services
: $8.50 million versus $3.50 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -8.6% change.Revenue- Maintenance Services - Landscape Maintenance Services
: $516.20 million versus the two-analyst average estimate of $528.15 million. The reported number represents a year-over-year change of -7%.Revenue- Development Services
: $215 million versus the two-analyst average estimate of $210.29 million. The reported number represents a year-over-year change of +5.7%.Adjusted EBITDA- Maintenance Services
: $89.30 million versus $92.39 million estimated by two analysts on average.Adjusted EBITDA- Corporate
: -$12.50 million compared to the -$11.65 million average estimate based on two analysts.Adjusted EBITDA- Development Services
: $31.10 million versus the two-analyst average estimate of $26.22 million.Shares of BrightView have returned +8.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.