Limbach: Fourth Quarter Earnings Overview

Limbach Holdings Announces Fourth-Quarter Financial Results

Limbach Holdings, Inc., headquartered in Warrendale, Pennsylvania, reported a net profit of $12.3 million for the fourth quarter.

The company’s earnings translated to $1.02 per share, while adjusted earnings, which exclude certain one-time expenses, reached $1.40 per share.

These adjusted earnings surpassed the expectations of Wall Street analysts, who had predicted an average of $1.28 per share.

During the same quarter, Limbach Holdings generated $186.9 million in revenue, falling short of the $195.8 million anticipated by analysts.

For the full year, the company reported a total profit of $39.1 million, or $3.23 per share, with annual revenue amounting to $646.8 million.