BBCP
Concrete PumpingADocument history
Earnings documents stored for BBCP.
Investor releaseQuarter not tagged2026-06-07Results: Concrete Pumping Holdings, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Simply Wall St.
Results: Concrete Pumping Holdings, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) just released its quarterly report and things are looking bullish. Concrete Pumping Holdings delivered a significant beat to revenue and earnings per share (EPS) expectations, hitting US$107m-10% above indicated-andUS$0.04-300% above forecasts- respectively Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Concrete Pumping Holdings after the latest results. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Following the latest results, Concrete Pumping Holdings' dual analysts are now forecasting revenues of US$418.2m in 2026. This would be an okay 2.0% improvement in revenue compared to the last 12 months. Per-share earnings are expected to swell 16% to US$0.17. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$403.4m and earnings per share (EPS) of US$0.13 in 2026. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a great increase in earnings per share in particular. View our latest analysis for Concrete Pumping Holdings Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$8.00, suggesting that the forecast performance does not have a long term impact on the company's valuation. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 4.1% growth on an annualised basis. That is in line with its 4.9% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 11% per year. So it's pretty clear that Concrete Pumping Holdings is expected to grow slower than similar companies in the same industry. The most important thing here is that the analysts upgraded their earnings per sh...
Investor releaseQuarter not tagged2026-06-05Concrete Pumping Holdings, Inc. Q2 2026 Earnings Call Summary
Moby
Concrete Pumping Holdings, Inc. Q2 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Revenue growth of 14% was primarily driven by robust demand in large-scale commercial and infrastructure projects, specifically data centers and chip plants. Management attributed margin expansion to improved operating leverage and fleet utilization, aided by generally favorable weather conditions across U.S. markets. The acquisition of Templant Hire in the U.K. marks a strategic pivot toward a diversified multiservice platform, entering the temporary power market to offset regional construction softness. U.S. infrastructure activity remains a core strength, supported by a healthy bidding environment for long-duration projects like roads, bridges, and energy facilities. Residential and light commercial segments remain a headwind as high interest rates and affordability pressures continue to suppress new home construction and private investment. Eco-Pan operations continue to demonstrate through-cycle resilience, benefiting from increased penetration into new customer accounts and disciplined pricing execution. Full-year revenue and adjusted EBITDA guidance were raised based on first-half momentum, though management expects tempered year-over-year growth in the second half due to difficult prior-year comparisons. The company anticipates a more balanced seasonal revenue split of 47% in the first half and 53% in the second half, deviating from the traditional 45/55 historical trend. Guidance assumes no meaningful recovery in residential or light commercial construction for the remainder of fiscal 2026. Management is prioritizing the pull-forward of capital expenditures for equipment chassis to mitigate risks associated with upcoming emissions regulation changes and potential supply reliability issues. Free cash flow expectations were increased to at least $45 million, supported by disciplined capital allocation and a focus on maintaining leverage within target ranges. The U.K. market remains a significant headwind due to inflationary pressures on labor, fuel, and maintenance, alongside broader economic uncertainty impacting commercial activity. Gross margins faced pressure from wear part inflation and the impact of tariffs on specific replacement parts, though these were offset by pricing discipline. The compan...
Investor releaseQuarter not tagged2026-06-05Concrete Pumping Holdings Inc (BBCP) Q2 2026 Earnings Call Highlights: Strong Revenue Growth ...
GuruFocus.com
Concrete Pumping Holdings Inc (BBCP) Q2 2026 Earnings Call Highlights: Strong Revenue Growth ...
This article first appeared on GuruFocus. Revenue: Increased 14% to $106.8 million from $94 million in the prior-year quarter. US Concrete Pumping Revenue: Increased 15% to $71.5 million from $62.1 million in the prior-year quarter. Eco-Pan Revenue: Increased 13% to $20.3 million from $18.1 million in the prior-year quarter. UK Operations Revenue: Increased 8% to $14.9 million from $13.8 million in the prior-year quarter. Gross Margin: Increased to 38.6% from 38.5% in the prior-year quarter. Net Income: Increased to $2.1 million, or $0.04 per diluted share, compared to a net loss of $400,000, or $0.01 per diluted share in the prior-year quarter. Adjusted EBITDA: Increased 17% to $26.4 million from $22.5 million in the prior-year quarter. Adjusted EBITDA Margin: Improved 80 basis points to 24.7% from 23.9%. Total Debt Outstanding: $425.6 million with net debt of $386.9 million. Available Liquidity: Approximately $346.3 million. Share Repurchase: Repurchased approximately 392,000 shares for $2.6 million at an average price of $6.68 per share. Full-Year Revenue Outlook: Raised to a range of $410 million to $425 million. Full-Year Adjusted EBITDA Outlook: Raised to a range of $98 million to $105 million. Free Cash Flow Expectation: Increased to at least $45 million. Warning! GuruFocus has detected 8 Warning Signs with BBCP. Is BBCP fairly valued? Test your thesis with our free DCF calculator. Release Date: June 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Revenue increased by 14% year over year, driven by strong US operations and favorable market conditions. Adjusted EBITDA grew by 17%, reflecting disciplined operational execution and market momentum. The acquisition of Templant Hire in the UK is seen as a strategic move to diversify and expand service offerings. Strong performance in commercial and infrastructure construction, particularly in data centers, supports improved utilization levels. Eco-Pan Concrete Waste Management Services continues to deliver strong results, benefiting from healthy construction activity and pricing execution. Residential construction activity remains challenged due to elevated mortgage rates and affordability pressures. UK operations face challenges from elevated interest rates, inflationary pressures, and economic uncertainty. Light commercial construction remains s...
Investor releaseQuarter not tagged2026-06-05BBCP Q2 2026 Earnings Transcript
Motley Fool
BBCP Q2 2026 Earnings Transcript
Image source: The Motley Fool. Thursday, June 4, 2026 at 5 p.m. ET Chief Executive Officer — Bruce Young Chief Financial Officer — Iain Humphries External Director of Investor Relations — Cody Slach Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings' financial results for the second quarter ended April 30, 2026. Joining us today are Concrete Pumping Holdings' CEO, Bruce Young; CFO, Iain Humphries; and the company's External Director of Investor Relations, Cody Slach. Before we go further, I would like to turn the call over to Mr. Slach to read the company's safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements. Cody, please go ahead. Cody Slach: Thank you. I'd like to remind everyone that during this call, to give you a better understanding of our operations, we will be making certain forward-looking statements regarding our business and outlook. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see Concrete Pumping Holdings' annual report on Form 10-K, quarterly report on Form 10-Q and other publicly available filings with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. On today's call, we will also reference certain non-GAAP financial measures, including adjusted EBITDA, net debt and free cash flow, which we believe provide useful information for investors. We provide further information about these non-GAAP financial measures and reconciliations to the comparable GAAP measures in our press release issued today or the investor presentation posted on the company's website. I'd like to remind everyone that this call will be available for replay later this evening. A webcast replay will also be available via the link provided in today's press release as well as on the company's website. Additionally, we have posted an updated investor presentation to the company's website. Now I'd like to turn the call over to the CEO of Concrete Pumping Hol...
Investor releaseQuarter not tagged2026-06-04Concrete Pumping Q2 Earnings Call Highlights
MarketBeat
Concrete Pumping Q2 Earnings Call Highlights
Interested in Concrete Pumping Holdings, Inc.? Here are five stocks we like better. Concrete Pumping reported a strong second quarter, with revenue rising 14% year over year to $106.8 million and adjusted EBITDA up 17% to $26.4 million. Net income also improved to $2.1 million, versus a small loss a year ago. Growth was driven mainly by U.S. commercial and infrastructure projects, especially data centers and chip plants, with Eco-Pan also contributing solid gains. Management said data center-related work now represents about 10% to 12% of revenue, up sharply from the prior year. The company raised its fiscal 2026 outlook, lifting revenue guidance to $410 million-$425 million and adjusted EBITDA guidance to $98 million-$105 million, while also boosting free cash flow expectations. It noted U.K. conditions remain softer, but U.S. momentum and disciplined execution are supporting results. Concrete Pumping (NASDAQ:BBCP) reported stronger second-quarter results and raised its fiscal 2026 outlook, citing continued momentum in U.S. commercial and infrastructure markets, improved fleet utilization and growing work tied to data centers and chip plants. On the company’s earnings call for the quarter ended April 30, 2026, CEO Bruce Young said Concrete Pumping was “pleased with our strong second quarter,” with revenue rising 14% year-over-year and adjusted EBITDA increasing 17%. Young said the performance was driven by “continued momentum across our U.S. operations, disciplined operational execution throughout the organization, and favorable end market activity in several of our key geographies.” → Palantir’s Drone Tailwind Puts Its Defense AI Story Back in Focus for Investors CFO Iain Humphries said second-quarter revenue increased to $106.8 million from $94 million in the prior-year quarter. He attributed the increase to higher U.S. commercial and infrastructure activity, particularly large-scale data center and infrastructure projects, as well as pricing improvements, organic growth in the Eco-Pan business and more favorable weather across U.S. markets. Net income attributable to common shareholders rose to $2.1 million, or $0.04 per diluted share, compared with a net loss of $400,000, or $0.01 per diluted share, in the year-ago period. Consolidated adjusted EBITDA increased to $26.4 million from $22.5 million, while adjusted EBITDA margin improved to 24.7% from 23.9...
Investor releaseQuarter not tagged2026-06-04Concrete Pumping: Fiscal Q2 Earnings Snapshot
Associated Press
Concrete Pumping: Fiscal Q2 Earnings Snapshot
THORNTON, Colo. (AP) — THORNTON, Colo. (AP) — Concrete Pumping Holdings, Inc. (BBCP) on Thursday reported fiscal second-quarter net income of $2.5 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Thornton, Colorado-based company said it had profit of 4 cents. The company posted revenue of $106.8 million in the period. Concrete Pumping expects full-year revenue in the range of $410 million to $425 million. Concrete Pumping shares have climbed 19% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.98, a rise of 12% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBCP at https://www.zacks.com/ap/BBCP
Investor releaseQuarter not tagged2026-06-04Concrete Pumping Holdings Reports Strong Second Quarter Fiscal Year 2026 Results
GlobeNewswire
Concrete Pumping Holdings Reports Strong Second Quarter Fiscal Year 2026 Results
- Revenue up 14% to $106.8 Million with a 46% Increase in Income from Operations –- Adjusted EBITDA up 17% to $26.4 Million -- Raises Full-Year Outlook - DENVER, June 04, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the "Company" or "CPH"), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2026. Second Quarter Fiscal Year 2026 Summary vs. Second Quarter of Fiscal Year 2025 (where applicable) Revenue up 14% to $106.8 million compared to $94.0 million. Gross profit up 14% to $41.3 million compared to $36.2 million. Income from operations up 46% to $12.1 million compared to $8.3 million. Net income of $2.5 million compared to a net loss of approximately $4,000. Net income attributable to common shareholders was $2.1 million, or $0.04 per diluted share, compared to a net loss of $0.4 million, or $(0.01) per diluted share. Adjusted EBITDA1 up 17.4% to $26.4 million compared to $22.5 million, with Adjusted EBITDA margin1 of 24.7% compared to 23.9%. Amounts outstanding under debt agreements were $425.6 million with net debt1 of $386.9 million. Total available liquidity at quarter end was $346.3 million compared to $352.5 million one year ago. Leverage ratio1 at quarter end of 3.8x. Management Commentary "I am pleased to report that the Concrete Pumping Holdings team delivered a strong second quarter, highlighted by 14% revenue growth and 17% Adjusted EBITDA growth year over year, driven by solid execution across our U.S. operations," said Bruce Young, CEO of Concrete Pumping Holdings. "We continue to benefit from healthy activity levels in commercial and infrastructure construction, particularly related to continued momentum in data center and infrastructure projects, while also realizing the benefits of our disciplined pricing strategy and operating efficiencies. Our U.S. Concrete Pumping and Eco-Pan segments delivered particularly strong performance during the quarter, with meaningful margin expansion and improved profitability, despite ongoing softness in residential and light commercial markets. Given our performance in the first half of the year and continued momentum across key end markets, we are raising our full year outlook and remain focused on disciplined operational execution, free cash flow generation, and positioning t...
Investor releaseQuarter not tagged2026-06-04Concrete Pumping Fiscal Q2 Swings to Earnings, Revenue Increases; 2026 Outlook Raised
MT Newswires
Concrete Pumping Fiscal Q2 Swings to Earnings, Revenue Increases; 2026 Outlook Raised
Concrete Pumping (BBCP) reported fiscal Q2 earnings late Thursday of $0.04 per diluted share, swingi
TranscriptFY2026 Q22026-06-04FY2026 Q2 earnings call transcript
Earnings source - 34 paragraphs
FY2026 Q2 earnings call transcript
Good afternoon, everyone, and thank you for participating in today's conference call to discuss Concrete Pumping Holdings' financial results for the second quarter ended April 30th, 2026. Joining us today are Concrete Pumping Holdings Chief Executive Officer, Bruce Young, Chief Financial Officer, Iain Humphries, and the company's External Director of Investor Relations, Cody Slach. Before we go further, I would like to turn the call over to Mr. Slach to read the company's Safe Harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements. Cody, please go ahead.
Thank you. I'd like to remind everyone that during this call to give you a better understanding of our operations, we will be making certain forward-looking statements regarding our business and outlook. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see Concrete Pumping Holdings' annual report on Form 10-K, quarterly report on Form 10-Q, and other publicly available filings with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events, or otherwise. On today's call, we will also reference certain non-GAAP financial measures, including adjusted EBITDA, net debt, and free cash flow, which we believe provide useful information for investors.
We provide further information about these non-GAAP financial measures and reconciliations to the comparable GAAP measures in our press release issued today with the investor presentation posted on the company's website. I'd like to remind everyone that this call will be available for replay later this evening. A webcast replay will also be available via the link provided in today's press release, as well as on the company's website. Additionally, we have posted an updated investor presentation to the company's website. Now, I'd like to turn the call over to the Chief Executive Officer of Concrete Pumping Holdings, Bruce Young. Bruce?
Thank you, Cody, good afternoon, everyone. We were pleased with our strong second quarter, with revenue increasing 14% year-over-year and adjusted EBITDA growing 17%, driven by continued momentum across our U.S. operations, disciplined operational execution throughout the organization, and favorable end market activity in several of our key geographies. This quarter was also highlighted by the early April closing on the Temp Plant acquisition in the U.K. Importantly, this acquisition represents an important step in executing our strategy to build a diversified multi-service platform supporting the construction and infrastructure sectors. Temp Plant is a high-quality business with strong leadership, and we see clear opportunities to accelerate growth and provide long-term sustainable value for our shareholders.
Returning to our execution in the second quarter, our performance was led by continued strength in commercial and infrastructure construction activity across a wide variety of industries, including education, healthcare, energy, infrastructure, and, of course, data centers. Growth across these projects, particularly in data centers, remains healthy and continues to support improved utilization levels throughout our U.S. concrete pumping and Eco-Pan operations. In addition to the growing data center activity, we are also seeing solid demand across public infrastructure-related projects, including roads, bridges, and education construction. Overall, the environment for larger scale commercial and infrastructure projects remains exciting and continues to play into our competitive advantage as the largest concrete pumping service provider in the U.S. We also benefited from generally favorable weather conditions across our U.S. markets during the first half of the year, which supported improved activity levels compared to the prior year period.
Combined with continued price discipline and solid operational execution, these factors contributed to a strong margin performance and another quarter of healthy free cash flow generation. Outside of these areas of strength, broader construction trends remain relatively consistent with what we had discussed last quarter. Heavy commercial activity continues to hold up reasonably well, while more interest rate-sensitive segments, including office and portions of light commercial construction, remain subdued as customers continue to navigate elevated finance costs and economic uncertainty. Residential construction activity also remains challenged. Elevated mortgage rates and affordability pressures continue to weigh on new home construction activity, and while we continue to believe the long-term housing fundamentals remain favorable, near-term demands remain soft. Infrastructure activity in the U.S. continues to be generally strong as the underlying bidding environment and project activity remained healthy, particularly across larger scale and longer duration projects.
Our Eco-Pan concrete waste management services business again delivered a strong quarter, continuing to benefit from healthy underlying construction activity, pricing execution, and ongoing penetration into new customer accounts. Eco-Pan remains a highly complementary service offering to our concrete pumping operations and continues to demonstrate active through-cycle characteristics. Turning to our U.K. operations, market conditions remain more challenging. Elevated interest rates, inflationary pressures, and broader economic uncertainty continue to impact commercial construction activity while public infrastructure funding dynamics also remain less favorable than what we experienced in the U.S. Despite these conditions, infrastructure-related activity in areas such as energy projects and HS2 construction remains relatively resilient, and we continue to focus on disciplined cost management and operational execution within the region. We're also pleased with the progress of our recent strategic acquisitions, including our Republic of Ireland expansion and entry into the U.K. temporary power market.
While the near-term acquisition revenue contribution remains modest, we are encouraged by the strategic positioning these investments provide and the opportunities they create to further expand our platform and grow organically over time. Overall, we are encouraged by our first half performance, and we believe the second quarter further demonstrates the strength of our operating model, our disciplined execution, and the benefits of our scale and marketing position. As a result of our performance and current market trends, we are raising our full year outlook while remaining focused on operational discipline, free cash flow generation, and long-term value creation. I will now turn the call over to Iain to walk through the financial results in more detail. Iain?
Thanks, Bruce, and good afternoon, everyone. Moving directly into our second quarter results. Revenue increased 14% to $106.8 million compared to $94 million in the prior year quarter. The increase was driven by higher U.S. commercial and infrastructure activity, particularly related to large-scale data center and infrastructure projects, along with pricing improvements, organic volume growth in Eco-Pan, and generally more favorable weather conditions across our U.S. markets. Revenue in our U.S. Concrete Pumping segment, which operates primarily under the Brundage-Bone brand, increased 15% to $71.5 million compared to $62.1 million in the prior year quarter. Commercial and infrastructure activity benefited from continued strength in large-scale projects including data centers, roads, bridges, education, warehousing, and energy-related projects. These gains were partially offset by continued softness in light commercial construction and subdued residential demand due to elevated interest rates and broader economic uncertainty.
Revenue in our Concrete Waste Management Services segment, operating under the Eco-Pan brand, increased 13% to $20.3 million compared to $18.1 million in the prior year quarter. Growth was driven by organic volume increases, continued penetration into new customer accounts, and pricing improvements reflecting the continued strength and scalability of the business. Turning to our U.K. operations, revenue increased 8% to $14.9 million compared to $13.8 million in the prior year quarter. Excluding the $600,000 beneficial impact of foreign currency translation and the $1.4 million contribution from recent acquisitions, underlying commercial construction activity remained soft amid elevated interest rates, inflationary pressures, and economic uncertainty in the U.K. At a consolidated level, second quarter gross margin increased modestly to 38.6% compared to 38.5% in the prior year quarter.
Strong revenue growth and pricing execution helped offset continued inflationary pressures, including higher repair and maintenance costs, wear part inflation, and the impact of tariffs on certain replacement parts. General and administrative expenses increased to $29.2 million compared to $27.9 million in the prior year quarter. However, as a percentage of revenue, G&A improved to 27.3% compared to 29.7% in the prior year quarter, reflecting continued operating leverage and disciplined cost management. Net income attributable to common shareholders in the second quarter increased to $2.1 million or $0.04 per diluted share, compared to a net loss of $400,000 or $0.01 per diluted share in the prior year quarter. Consolidated adjusted EBITDA increased 17% to $26.4 million compared to $22.5 million in the year-ago quarter. Adjusted EBITDA margin improved 80 basis points to 24.7% from 23.9%, and the increase was primarily driven by higher revenue and improved operating leverage.
Within our U.S. Concrete Pumping business, adjusted EBITDA increased 23% to $15.6 million compared to $12.7 million in the prior year quarter. In the U.K. business, adjusted EBITDA was $3.1 million compared to $3.2 million, reflecting inflationary pressures in labor, fuel, and repair maintenance costs. In our U.S. Concrete Waste Management Services business, adjusted EBITDA increased 16% to $7.7 million, driven by strong operating leverage on higher volumes and pricing. Turning to liquidity, as of April 30th, 2026, total debt outstanding was $425.6 million, with net debt of $386.9 million, representing a net leverage ratio of approximately 3.8 times adjusted EBITDA. We ended the quarter with approximately $346.3 million of available liquidity, which includes cash on hand and availability under our ABL facility and provides substantial financial flexibility.
Regarding capital allocation, during the second quarter, we repurchased approximately 392,000 shares for $2.6 million at an average price of $6.68 per share. Since initiating the program in 2022, we have repurchased approximately 5.9 million shares for $38.1 million, with $11.9 million remaining under the current authorization through December of 2026. We continue to view the share repurchase program as a flexible and opportunistic use of capital. To our outlook for fiscal 2026, and based on our strong first half performance and continued momentum across our U.S. operations, we are raising our full year revenue outlook to a range of $410 million-$425 million, compared to our prior range of $390 million-$410 million. We are also raising our adjusted EBITDA outlook to a range of $98 million-$105 million from a prior range of $90 million-$100 million.
Lastly, we are also increasing our free cash flow expectation to be at least $45 million from our prior expectation of approximately $40 million. While we remain encouraged by activity levels in large scale commercial and infrastructure projects, particularly data center related activity, it is important to note that we began experiencing accelerated growth in these projects during the third quarter of last year. As a result, we expect year-over-year comparisons to reflect some tempered growth during the second half of fiscal 2026. In addition, based on our first half performance and current project visibility, we expect revenue and adjusted EBITDA seasonality during fiscal 2026 to be more balanced relative to historical trends, with revenue expectations to show about a 47% and a 53% split compared to our traditional 45% and 55% split.
Importantly, our outlook continues to assume no meaningful recovery in the broader residential or light commercial construction activity during fiscal 2026. We expect free cash flow defined as adjusted EBITDA, less net replacement CapEx and less net cash paid for interest to be at least $45 million. This outlook assumes approximately $23 million of net replacement CapEx and $32 million of net cash paid for interest, and this excludes the accelerated CapEx pulled forward from fiscal 2026. Our balance sheet and liquidity position comfortably support this investment strategy. We remain committed to a disciplined capital deployment, maintaining leverage within our target range and prioritizing returns on invested capital. We believe we are well-positioned to strengthen our service offering in anticipation of a market recovery. With that, I will now turn the call back over to Bruce.
Thanks, Iain. As we move through the remainder of fiscal 2026, we remain encouraged by the momentum we are seeing across the business and the continued resilience of our U.S. markets. While broader construction activity remains mixed, particularly in residential and certain commercial segments, demand tied to large scale infrastructure and commercial projects continues to support healthy activity levels across our platform. Our focus remains on disciplined execution, operational efficiency, pricing discipline, and strategic capital allocation. We believe the actions we have taken over the past several years to strengthen the business, optimize the fleet, and maintain financial flexibility continue to position us well to perform across varying market conditions. We are also pleased with the progress we are making on our strategic growth initiatives, including investing in our fleet and recent acquisitions that expand our geographic reach and service capabilities.
Combined with our strong balance sheet and continued free cash flow generation, we believe we remain well positioned to invest in the business, pursue disciplined growth opportunities, and continue creating long-term shareholder value. With that, I would now like to turn the call back over to the operator for Q&A. Paul?
Thank you. We can open a question and answer session. If you'd like to ask a question, please press star one on your telephone keypad. A confirmation tone will indicate your line is in the question queue. You may press star two if you'd like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. One moment please while we pull for questions. Our first question is from Sam Kusswurm with William Blair.
Hey, thanks for taking our questions. Bruce, Iain, first congrats on the really strong quarter. That was great to see. In your prepared remarks, you pointed to data centers as kind of being a big contributor to that. I guess I wanted to ask what percentage of your revenue are you currently generating from data centers today, and how that compares to both this time last year, as well as where you think it can land maybe next year or even by the end of the year?
Hi, Sam, good question. You might remember last year, the data center activity was quite slow to grow in the first half of the year. We were probably doing maybe 4% or 5% of our work on either chip plants or data center in the first half of last year. You probably heard it in our prepared remarks that that grew quite nicely through the back half of last year. Today, between data centers and chip plant work, we're probably doing 10%-12% of revenue on that type of work. There's been some nice growth acceleration. Obviously, as we mentioned, consistent weather really helps with the continuity of that work and execution.
Got it. That's very helpful. Obviously, that contributed to the top line. I also wanted to ask, regarding your margins, they also took a pretty nice step up. I was wondering if this is really just due to better leverage on your fleet, or if the data center work itself carries a higher margin. Could you maybe just compare that margin for that type of work versus your other commercial work, as well as maybe against residential and infrastructure?
Yeah, sure. On the margins front, you're right. With improved volume comes improved operating leverage through the better utilization of our fleet. As you'll know, a lot of this work tends to be in remote locations, so it is specialty in nature, requiring longer equipment. The pricing reflects that, which helps the margin profile. Again, it's underpinned by a lot of the work that we've done in prior years on that cost base and some real operational discipline to make sure that we can get the right pricing and margin profile. As you heard in our prepared remarks, there's still a challenge around inflation, but the team have done a really nice job getting the pricing right on these projects, and making sure we can optimize the operating leverage of the execution that we're delivering.
Got it. Okay. Appreciate all the color, guys. Thanks.
Thanks.
Thanks, Sam.
Our next question is from Rohan Vasudeva with Baird.
Guys. Thanks for taking my question. I think my last question was taken, but I wanted to talk about the acquisition of Temp Plant. Could you talk about the multiples you guys paid for it? Temp Plant looks to be a bit different than the three traditional core groups. You could talk about EBITDA margin, and the mixed benefit from that acquisition.
While we don't give the multiple out, it's consistent with what we would've been paying for our acquisitions of concrete pumps into the future. Now with the U.K. being soft with commercial market and we have a really good team of people over there, we looked out to other areas. With the last call, we talked about going into Ireland and expanding our footprint into there, with some opportunities there. We see this Temp Plant as an opportunity to leverage the service side of the temporary power business. We have really strong leadership in that business that fits very well with us, and we do expect to be able to rapidly grow the temporary power business in the U.K. going forward.
Got it. Thank you. My second one was, you had the approval for the $22 million of planned investments that you can pull forward from 2027. You haven't incurred any of that. Should we expect that all $22 million will happen in the second half? Could you give some more color around the cadence of those investments?
We're still working on that now. We are trying to move forward as much equipment into this year and maybe even later next year, at least buying the chassis so that we can I think we've talked on calls in the past about the complications of the new emissions and reliability and getting the type of horsepower we need to run our big units. We're fearful that that will take a little while for them to run that out. We're trying to pull forward as much of that as we possibly can. We're still trying to sort through how much of that will fall into this year and how much will fall into next year. We'll have more color on that when we announce in Q3.
Sounds good. Thank you.
Thank you. There are no further questions at this time. I would like to hand the floor back over to Bruce Young for any closing remarks.
Thank you, Paul. We'd like to thank everyone for listening to today's call, and we look forward to speaking with you when we report our third quarter results in September. Thank you.
Ladies and gentlemen, this does conclude today's conference. You may disconnect your lines at this time. Thank you for your participation.
Investor releaseQuarter not tagged2026-06-03Concrete Pumping (BBCP) Q1 Earnings Report Preview: What To Look For
StockStory
Concrete Pumping (BBCP) Q1 Earnings Report Preview: What To Look For
Concrete and waste management company Concrete Pumping (NASDAQ:BBCP) will be announcing earnings results this Thursday afternoon. Here’s what to expect. Concrete Pumping beat analysts’ revenue expectations last quarter, reporting revenues of $90.56 million, up 4.8% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. Is Concrete Pumping a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Concrete Pumping’s revenue to grow 2.9% year on year, a reversal from the 12.2% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Concrete Pumping has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Concrete Pumping’s peers in the construction and maintenance services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Construction Partners delivered year-on-year revenue growth of 34.6%, beating analysts’ expectations by 12.6%, and Comfort Systems reported revenues up 56.5%, topping estimates by 19.5%. Construction Partners traded up 3.1% following the results while Comfort Systems was down 2.7%. Read our full analysis of Construction Partners’s results here and Comfort Systems’s results here. There has been positive sentiment among investors in the construction and maintenance services segment, with share prices up 6.2% on average over the last month. Concrete Pumping’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $8 (compared to the current share price of $7.85). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.
Investor releaseQuarter not tagged2026-06-03Earnings To Watch: Concrete Pumping Holdings Inc (BBCP) Reports Q2 2026 Result
GuruFocus.com
Earnings To Watch: Concrete Pumping Holdings Inc (BBCP) Reports Q2 2026 Result
This article first appeared on GuruFocus. Concrete Pumping Holdings Inc (NASDAQ:BBCP) is set to release its Q2 2026 earnings on June 4, 2026. The consensus estimate for Q2 2026 revenue is $96.71 million, and the earnings are expected to come in at $0.01 per share. The full year 2026's revenue is expected to be $404.03 million and the earnings are expected to be $0.13 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 8 Warning Signs with BBCP. Is BBCP fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Concrete Pumping Holdings Inc (NASDAQ:BBCP) have increased from $398.60 million to $404.03 million for the full year 2026 and increased from $416.70 million to $419.07 million for 2027 over the past 90 days. Earnings estimates have increased from $0.12 per share to $0.13 per share for the full year 2026 and remained flat at $0.23 per share for 2027 over the past 90 days. In the previous quarter ending on January 31, 2026, Concrete Pumping Holdings Inc's (NASDAQ:BBCP) actual revenue was $90.56 million, which beat analysts' revenue expectations of $84.82 million by 6.77%. Concrete Pumping Holdings Inc's (NASDAQ:BBCP) actual earnings were $-0.06 per share, which beat analysts' earnings expectations of $-0.08 per share by 25%. After releasing the results, Concrete Pumping Holdings Inc (NASDAQ:BBCP) was up by 5.62% in one day. Based on the one-year price targets offered by 1 analyst, the average target price for Concrete Pumping Holdings Inc (NASDAQ:BBCP) is $8.00 with a high estimate of $8.00 and a low estimate of $8.00. The average target implies an upside of 2.17% from the current price of $7.83. Based on GuruFocus estimates, the estimated GF Value for Concrete Pumping Holdings Inc (NASDAQ:BBCP) in one year is $7.36, suggesting a downside of 6% from the current price of $7.83. Based on the consensus recommendation from 2 brokerage firms, Concrete Pumping Holdings Inc's (NASDAQ:BBCP) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Investor releaseQuarter not tagged2026-05-21Concrete Pumping Holdings Sets Second Quarter 2026 Earnings Conference Call for Thursday, June 4, 2026
GlobeNewswire
Concrete Pumping Holdings Sets Second Quarter 2026 Earnings Conference Call for Thursday, June 4, 2026
DENVER, May 21, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., will hold a conference call on Thursday, June 4, 2026, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended April 30, 2026. The Company will report its financial results in a press release prior to the conference call. CPH’s CEO Bruce Young and CFO Iain Humphries will host the conference call, followed by a question-and-answer period. Date: Thursday, June 4, 2026Time: 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time)Toll-free dial-in number: 1-877-407-9039International dial-in number: 1-201-689-8470Conference ID: 13760380 Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group, Inc. at 1-949-574-3860. The conference call will be broadcast live and is available for replay here as well as the investor relations section of the Company’s website at www.concretepumpingholdings.com. A replay of the conference call will be available after 8:00 p.m. Eastern Time on the same day through June 18, 2026. Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13760380 About Concrete Pumping Holdings Concrete Pumping Holdings is the leading provider of concrete pumping services and concrete waste management services in the fragmented U.S. and U.K. markets, primarily operating under what we believe are the only established, national brands in both geographies – Brundage-Bone for concrete pumping in the U.S., Camfaud in the U.K., and Eco-Pan for waste management services in both the U.S. and U.K. The Company’s large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions that facilitate labor cost savings to customers, shorten concrete placement times, enhance worksite safety and improve construction quality. Highly complementary to its core concrete pumping service, Eco-Pan seeks to provide a full-service, cost-effective, regulatory-compliant solution to manage environmental issues caused by concrete washout. As of January 31, 2026, the Company provided concrete pumping servi...

