Custom Truck One Source Announces Q3 EPS of 3 Cents, Exceeding Consensus of 2 Cents
Q3 Financial Performance: The company reported Q3 revenue of $482.1 million, slightly below the consensus estimate of $492.4 million, but achieved an 8% year-over-year revenue growth and a 20% increase in adjusted EBITDA.
Growth in ERS Segment: The ERS segment experienced significant growth, with average OEC on rent increasing by $180 million compared to the previous year, and utilization rates reaching over 79%, the highest in over two years.
Strong Demand for Vocational Vehicles: There was a 6% increase in revenue from the TES segment compared to last year, with signed orders up 30% year-over-year, indicating robust demand for vocational vehicles.
Positive Outlook: The CEO expressed confidence in the company's positioning to benefit from increased spending on utility grid upgrades and electrification investments, reaffirming guidance for consolidated revenue and adjusted EBITDA for 2025.
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Custom Truck One Source, Inc. Reports Reduced Losses in Q3
Quarterly Loss: Custom Truck One Source, Inc. reported a loss of -$5.76 million for the third quarter, an improvement from -$17.42 million in the same period last year.
Earnings Per Share: The company's earnings per share (EPS) were -$0.03, compared to -$0.07 in the previous year.
Revenue Growth: Revenue increased by 7.8% to $482.06 million, up from $447.22 million year-over-year.
Full Year Guidance: The company provided a full year revenue guidance of $1,970 - $2,060 million.
Custom Truck One Source (CTOS) Releases Q3 Earnings: Insights from Key Metrics
Quarterly Performance: Custom Truck One Source, Inc. reported a revenue of $482.06 million for Q3 2025, a 7.8% increase year-over-year, but fell short of the Zacks Consensus Estimate of $486.77 million.
Earnings Per Share: The company's EPS was -$0.03, an improvement from -$0.07 in the same quarter last year, but did not meet the consensus estimate.
Investor Insights: Key metrics beyond headline numbers are crucial for investors to assess the company's underlying performance and make informed decisions regarding stock price projections.
AI Investment Opportunities: The article suggests that lesser-known AI firms addressing significant global challenges may offer more lucrative investment opportunities compared to well-known stocks in the sector.
