The chart below shows how NVEE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NVEE sees a +2.38% change in stock price 10 days leading up to the earnings, and a -1.33% change 10 days following the report. On the earnings day itself, the stock moves by +0.39%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Organic Growth Increase: Organic growth increased by 6%.
Gross Profit Increase: Gross profit increased by 13%.
Net Income Increase: Net income showed an increase of 31%.
EBITDA Growth and Margin: Adjusted EBITDA increased by 21% with an 18% adjusted EBITDA margin in the quarter.
Backlog Confidence in Revenue: Backlog of $914 million gives confidence to achieve the goal of $1 billion of revenue run rate by the end of this year.
Negative
Net Income Increase: O u r n e t i n c o m e w a s $ 1 7 . 1 m i l l i o n i n t h e t h i r d q u a r t e r o f 2 0 2 4 , c o m p a r e d t o $ 1 3 . 1 m i l l i o n i n t h e t h i r d q u a r t e r o f l a s t y e a r , a 3 1 % i n c r e a s e .
Record Adjusted EBITDA Growth: O u r a d j u s t e d E B I T D A w a s a r e c o r d $ 4 4 . 5 m i l l i o n v e r s u s $ 3 6 . 7 m i l l i o n i n t h e p r i o r y e a r .
Earnings Per Share Increase: O u r a d j u s t e d E P S w a s $ 0 . 4 4 c o m p a r e d t o $ 0 . 3 6 i n t h e p r i o r y e a r , a 2 2 % i n c r e a s e .
Low Leverage Ratio: O u r n e t l e v e r a g e r e m a i n s l o w a t 1 . 3 t i m e s .
Gross Margin Expansion: O u r g r o s s m a r g i n s e x p a n d e d 3 5 0 b a s i s p o i n t s f r o m 4 8 . 1 % i n t h e t h i r d q u a r t e r o f l a s t y e a r t o 5 1 . 6 % i n t h e t h i r d q u a r t e r o f t h i s y e a r .
NV5 Global, Inc. (NVEE) Q3 2024 Earnings Call Transcript
NVEE.O
-3.66%