- Bird Construction’s revenue for the third quarter was C$951.4 million, reflecting a 5.8% increase year-over-year and meeting expectations.
- Earnings per share (EPS) stood at C$0.57, down from C$0.66 the previous year.
- The company reported cash and cash equivalents of C$113.9 million.
- Adjusted EBITDA was C$66.9 million, a decrease of 4.5% from the previous year but still slightly above the estimate of C$66 million.
- Adjusted EPS came in at C$0.64, lower than the previous year’s C$0.69 but surpassed the estimate of C$0.57.
- Company executives remain optimistic, citing favorable margins and a strong backlog that provide good visibility into future revenue growth.
- Bird Construction has strong analyst support, with 8 buy ratings and no hold or sell ratings.
A look at Bird Construction Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bird Construction is positioned for a positive long-term outlook. With strong scores in Growth and Resilience, the company is showing potential for expansion and stability within the construction industry. While the Value, Dividend, and Momentum scores are also solid, it is evident that Bird Construction is well-rounded in various aspects of its operations.
Bird Construction, Inc. is a general contractor operating in Canada and Seattle, catering to industrial, commercial, and institutional projects. With its balanced performance across key factors, such as growth, resilience, and value, the company appears to be on a steady path for future success and sustainability in the construction sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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