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Toll Brothers, Inc. TOL reported second-quarter fiscal 2026 (ended April 30) results, with earnings and revenues beating the Zacks Consensus Estimate. However, both the top and bottom lines declined on a year-over-year basis.TOL’s top-line beat was underpinned by steady demand across its footprint and a favorable mix that lifted delivered pricing. The company’s average price on home deliveries rose meaningfully from last year, helping cushion the impact of lower unit volume.On a macro level, the company navigated a challenging housing market characterized by pressures such as volatile mortgage rates, elevated inflation and fluctuations in luxury home demand.Following the announcement, shares of TOL gained 2.3% in the after-hours trading session yesterday. The company reported adjusted earnings per share (EPS) of $2.72, which beat the Zacks Consensus Estimate of $2.58 by 5.4% but declined 22.3% year over year. Toll Brothers Inc. price-consensus-eps-surprise-chart | Toll Brothers Inc. Quote In the fiscal second quarter, total revenues of $2.53 billion surpassed the consensus mark of $2.41 billion by 5.1% but fell 7.6% from the year-ago quarter. For the quarter under review, Toll Brothers’ total home sales revenues decreased 7.2% (down from our projection of a 11.5% year-over-year decline) year over year to $2.51 billion from $2.71 billion. Home deliveries declined 14.1% to 2,491 units from 2,899 units in the year-ago quarter (down from our expectation of a 15.4% decline year over year).Despite the lower volume, the average delivered price increased 8% year over year to about $1,008,600 from $933,600, highlighting a favorable pricing and mix backdrop in the luxury segment. Our model had expected ASP to be up 4.5% year over year to $975,900. Order momentum remained a constructive signal for a builder operating in a rate-sensitive environment. Net signed contracts increased 6.9% year over year to 2,834 homes, and contract value rose 8.1% to $2.81 billion, reflecting steady demand from higher-income buyers despite broader affordability pressures. We had projected net-signed contracts to be up 4% in units and 5.1% in value for the quarter.Backlog ended the quarter at 5,394 homes valued at $6.32 billion, down 11% and 7.6%, respectively, from the prior-year period. Even so, the average price of homes in the backlog was $1,171,800, up from $1,128,100 a year ago. Cance...

EMCOR Group recently reported record quarterly revenue in Q1 2026, raised its full-year 2026 revenue and EPS guidance, and agreed to sell its U.K. Building Services operations to OCS Group UK Limited for about US$250,000,000. The company’s record Remaining Performance Obligations and expanding exposure to data centers, healthcare, and water infrastructure suggest a business increasingly centered on complex, higher-value projects. We’ll now examine how EMCOR’s upgraded 2026 guidance and record RPO backlog may reshape its existing investment narrative and risk balance. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 33 best rare earth metal stocks of the very few that mine this essential strategic resource. To own EMCOR, you have to believe it can keep converting a record RPO backlog into profitable work in complex markets like data centers, healthcare, and water infrastructure. The raised 2026 revenue and EPS guidance reinforces that near term, while the biggest current swing factor remains execution quality on this larger, more technical project mix. The largest near term risk is that labor and project cost pressures chip away at margins even with strong demand. The most relevant update here is EMCOR’s higher 2026 guidance to US$18.5 billion to US$19.25 billion of revenue and US$28.25 to US$29.75 of diluted EPS. That upgrade sits alongside the sale of its U.K. Building Services operations for about US$250,000,000, which slightly refocuses the story on North American, higher complexity projects that tie directly into the current backlog and data center driven catalyst. Yet behind the record RPO and raised outlook, investors should be aware of how persistent wage inflation and labor constraints could... Read the full narrative on EMCOR Group (it's free!) EMCOR Group's narrative projects $21.5 billion revenue and $1.6 billion earnings by 2029. This requires 6.6% yearly revenue growth and about a $0.3 billion earnings increase from $1.3 billion today. Uncover how EMCOR Group's forecasts yield a $983.50 fair value, a 6% upside to its current price. Some of the lowest estimate analysts were already cautious, assuming about US$19.5 billion of revenue and US$1.4 billion of earnings by 2028, and worry that risin...

MasTec, Inc. MTZ reported strong first-quarter 2026 results on April 30, with both earnings and revenues surpassing the Zacks Consensus Estimate. The company also posted solid year-over-year growth across major financial metrics, supported by strong demand trends across communications, clean energy, power delivery and pipeline infrastructure markets. Higher project activity, improving operational execution and record backlog levels reflected continued momentum from infrastructure modernization, energy transition investments and rising data center-related demand. Adjusted earnings per share came in at $1.39, beating the Zacks Consensus Estimate of 98 cents by 41.8% and increasing 174.1% year over year. Revenues of $3.83 billion topped the consensus mark by 10.3% and rose 34.5% from the prior-year quarter, driven by double-digit growth across all four business segments. Adjusted EBITDA increased 73.3% year over year to $283.6 million, while adjusted EBITDA margin expanded 170 basis points to 7.4% from 5.7% a year ago, supported by improved productivity and operational execution. MasTec also raised its full-year 2026 guidance following the strong quarterly performance. However, the company continued to face some near-term pressures. Higher costs related to business expansion, project ramp-ups and investments to support growth affected overall profitability during the quarter. Image Source: Zacks Investment Research Shares of MasTec have gained 55.9% in the past three months, significantly outperforming the Zacks Building Products - Heavy Construction industry’s 16.8% growth. The stock has further outperformed the broader Construction sector and the S&P 500, in the same period. Let us take a closer look at the factors shaping MasTec stock’s prospects. Strong infrastructure and energy market demand continue to support higher project visibility across MasTec’s operations. As of March 31, 2026, the company reported an 18-month backlog of about $20.3 billion, up 28% year over year and approximately 7% sequentially. The increase was driven mainly by strong activity in the Clean Energy and Infrastructure and Power Delivery businesses, with the company recording healthy booking trends during the quarter. Total company book-to-bill reached 1.4x in the first quarter, reflecting continued customer investment across transmission, infrastructure and renewable energy markets...

AECOM ACM reported better-than-expected results for second-quarter fiscal 2026, where both earnings and net service revenues (“NSR”) surpassed the Zacks Consensus Estimate and increased on a year-over-year basis. Revenues also improved from the prior-year quarter. Shares of this global infrastructure leader gained 1.4% in yesterday’s after-hours trading session. Positive investor sentiments were witnessed as the company raised its adjusted EBITDA and adjusted earnings forecast for fiscal 2026. AECOM delivered a record second-quarter performance, supported by strong execution, expanding margins and continued backlog growth. The company’s design pipeline reached another all-time high. Management noted that investments in AI capabilities and the higher-margin Advisory business continue to strengthen the company’s competitive positioning and support long-term growth opportunities. The company reported adjusted earnings per share (EPS) of $1.59, which topped the consensus mark of $1.58 by 0.6% and increased 27% from the prior-year quarter. Revenues of $3.80 billion grew 1% year over year. NSR of $1.95 billion surpassed the consensus mark of $1.93 billion by 1.2% and increased 4% year over year. AECOM price-consensus-eps-surprise-chart | AECOM Quote Total backlog at the fiscal second-quarter end was $26.20 billion, up 8% from the year-ago period. AECOM’s design business delivered a solid 1.2x book-to-burn ratio. This marks the 22nd consecutive quarter with a book-to-burn ratio above 1.0, reflecting sustained demand. Additionally, the company’s design pipeline increased double digits and reached a record level. This growth is being driven by strong funding across the company’s major markets and an expanding addressable market opportunity. Americas’ revenues were $2.91 billion during the reported quarter, up 1% from the prior-year quarter’s levels. NSR of $1.19 billion moved up 5% year over year, driven by 8% growth in the Americas design business. Adjusted operating income of $239 million was up 10% year over year. Adjusted operating margin (on an NSR basis) expanded 60 basis points (bps) year over year to a new high of 20%. This growth was driven by continued focus on operational efficiencies and strong returns on investments supporting organic growth initiatives. The total backlog at the end of the fiscal second quarter increased 2% year over year to a record hig...

Fluor Corporation FLR delivered a weak first quarter of 2026, with adjusted earnings and revenues missing the Zacks Consensus Estimate and declining on a year-over-year basis. Fluor's first-quarter results were pressured by an adverse legal ruling tied to legacy Afghanistan-related work, which resulted in a meaningful charge during the quarter. The Urban Solutions segment faced a setback as declining field productivity on a mining project in the Americas led to higher expected completion costs and a related charge. Results were further weighed down by higher corporate general and administrative expenses, mainly due to stock-based compensation linked to share price appreciation. Geopolitical uncertainty also slowed development on a major project in Pakistan and remains a risk to supply chains and client capital spending. However, performance was supported by proceeds from the China fabrication yard sale and the monetization of its remaining stake in NuScale Power. Higher profits in Energy Solutions, driven by favorable project closeouts and improved project selectivity, with stronger margins on new awards, also supported results. Following the results, shares of FLR declined 15.2% during trading hours on Friday. The company reported adjusted earnings per share (EPS) of 14 cents, missing the Zacks Consensus Estimate of 66 cents by 78.8%. In the year-ago quarter, it reported an adjusted EPS of 73 cents. Fluor Corporation price-consensus-eps-surprise-chart | Fluor Corporation Quote Revenues were $3.66 billion, down 8% year over year and 3.6% shy of the consensus mark of $3.8 billion. Operationally, results were weighed by a sizeable litigation-related charge and cost growth on a mining project. Still, Fluor ended the quarter with a backlog of $25.7 billion, 82% of which was reimbursable, underscoring its continued bias toward risk-mitigated contracting. Urban Solutions generated revenues of $2.44 billion, up 13% year over year, but segment profit slid to $6 million after a $37 million impact tied to a fixed-price mining project in the Americas. Urban Solutions posted $2.1 billion of new awards in the quarter, including a metals project in the Middle East, incremental work on a pharmaceutical facility and an infrastructure expansion for a mining facility in Chile. The ending backlog for the segment was $19 billion, representing 74% of the total company backlog. E...

Innodata Inc. INOD delivered first-quarter 2026 results with adjusted earnings per share (EPS) and revenues topping the Zacks Consensus Estimate, supported by strength in AI-related data services. Meanwhile, both the top and bottom lines grew year over year. INOD stock gained 27.2% during yesterday’s after-market trading session. The quarter’s upside was driven by higher volumes for AI-related data services, including the expansion of existing customer programs and new client engagements supporting more complex AI workflows. Management framed the demand environment as increasingly tied to training and post-training needs, as well as evaluation and deployment support for advanced AI systems. INOD also noted that it now reports as a single operating segment, reflecting a more integrated operating model and a shift in how the chief executive reviews performance and allocates resources. That reporting change underscores how the company views its platforms, delivery infrastructure and workforce as increasingly shared across offerings. The company reported an adjusted EPS of 42 cents per share, up 90.9% year over year, and topped the Zacks Consensus Estimate of 13 cents by 223.1%. Innodata Inc price-consensus-eps-surprise-chart | Innodata Inc Quote Revenues rose 54.4% year over year to $90.1 million and surpassed the consensus mark of $76 million by 18.6%. The quarter highlighted both scale and concentration. One customer generated approximately 56% of total revenues in the first quarter of 2026, while another contributed about 17%. That concentration matters because program ramps and customer pacing can have an outsized effect on quarterly results. Geographically, the business remained heavily U.S.-centric. Revenues from customers domiciled in the United States were $79.2 million. Canada added $3.1 million, while the United Kingdom and the Netherlands contributed $2.8 million and $2.4 million, respectively, with other European countries totaling $2.6 million. Cost growth followed the revenue ramp, but margins still improved. Direct operating costs rose to $50.3 million from $35.1 million a year ago, reflecting higher labor needs tied to expanded AI service volumes. Management cited headcount growth as a key driver, alongside higher cloud service subscriptions and increased depreciation and amortization from capitalized developed software. Despite that cost pressu...

EMCOR Group, Inc. EME reported impressive first-quarter 2026 results on April 29, with both earnings and revenues exceeding the Zacks Consensus Estimate by 16.9% and 9.7%, respectively. The company also delivered strong year-over-year growth across key metrics. Shares of EMCOR have gained 13.2% since the earnings release, reflecting positive investor sentiment toward its strong execution and raised 2026 guidance. Adjusted earnings per share stood at $6.84, up 26.4% from the prior-year quarter, while revenues of $4.63 billion increased 19.7%. This growth was driven by strong performance across network and communications, supported by continued momentum in data center projects. Operating margin in the quarter was 8.7%, up 50 basis points year over year from 8.2%, driven by operating leverage and efficient execution. Supported by strong revenues and improved execution across construction segments, operating income grew 26.7% year over year to $403.8 million. Furthermore, EMCOR raised its 2026 revenue and earnings guidance, backed by strong demand trends and record remaining performance obligations. (read more: EMCOR Q1 Earnings and Revenues Beat Estimates, Both Rise Y/Y, Stock Up) So far this year, shares of this Connecticut-based infrastructure service provider have gained 54.2%, outperforming the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 Index, as evidenced by the chart below. Image Source: Zacks Investment Research Notably, the stock has outperformed some other players, including Dycom Industries DY, Tutor Perini TPC and KBR, Inc. KBR. In the said period, Dycom and Tutor Perini have rallied 35.5% and 44.7%, respectively, while KBR has declined 12.7%. Let us take a closer look at the factors shaping EMCOR stock’s prospects. EMCOR is benefiting from strong activity across the network and communications projects, particularly within data center infrastructure. Increased customer scope, mission-critical project activity and demand across institutional, manufacturing and industrial, healthcare, and water and wastewater markets supported performance during the quarter. The electrical construction segment generated 33.1% year-over-year revenue growth in the first quarter, while mechanical construction revenues increased 28.9%. Network and communications remained the largest growth driver, with mecha...

Jacobs Solutions Inc. J delivered strong second-quarter fiscal 2026 (ended March 27, 2026) results, with adjusted earnings and revenues topping the Zacks Consensus Estimate and improving year over year. Jacobs delivered strong top-line growth as healthy demand persisted across priority markets, led by data center and semiconductor activity, with additional support from water, power and transportation. Growth within Infrastructure & Advanced Facilities remained broad-based, highlighted by notable wins including a major wastewater treatment program in San Francisco, a water regulation contract in the United Kingdom, and multiple hyperscaler-related data center awards. The company reported adjusted earnings per share (EPS) of $1.75, up 22.4% from the year-ago level, and beat the consensus mark of $1.64 by 6.7%. Jacobs Solutions Inc. price-consensus-eps-surprise-chart | Jacobs Solutions Inc. Quote Gross revenues rose 27% year over year to $3.7 billion and surpassed the consensus estimate of $3.25 billion by 13.8%. Adjusted net revenues of $2.3 billion were also up 8.8% year over year. Backlog increased 21.7% year over year to a record $27 billion, underscoring healthy award activity and visibility. Profitability improved year over year as Jacobs benefited from operating discipline and a favorable mix. Adjusted EBITDA rose 14.2% from a year ago to $327.2 million, while adjusted EBITDA margin expanded 70 basis points to 14.1% on adjusted net revenues. At the segment level, Infrastructure & Advanced Facilities operating profit improved, with margin expanding modestly as project execution held up. PA Consulting also remained a margin-accretive contributor, with operating profit rising and margin staying above 22%, helping lift consolidated profitability despite integration-related items tied to the PA transaction. Infrastructure & Advanced Facilities (I&AF): Segment revenues totaled $3.34 billion, up 28.2% year over year from $2.60 billion. Excluding $1.37 billion of pass-through revenues, adjusted net revenues were $1.97 billion. I&AF segment operating profit increased 11.4% year over year to $225.2 million from $203.3 million. Operating profit as a percentage of adjusted net revenues improved to 11.4% from 11.1% a year ago, reflecting modest margin expansion. Backlog in the segment rose 21.9% year over year to $26.54 billion as of March 27, 2026. PA Consulting: Se...

Sterling Infrastructure, Inc. STRL delivered a strong first quarter of 2026, with adjusted earnings and revenues topping the Zacks Consensus Estimate and rising sharply year over year. Results were powered by outsized growth in E-Infrastructure Solutions, supported by contributions from the CEC acquisition and solid execution on large, time-sensitive mission-critical work. Additionally, the Transportation Solutions segment benefited from strong performance in the Rocky Mountain market and a strategic shift toward higher-margin projects. Despite record overall performance, the Building Solutions segment remained a headwind. Revenues increased modestly, but adjusted operating income declined sharply year over year due to tough prior-year comparisons and ongoing affordability pressures that continue to weigh on prospective homebuyers. Adjusted earnings were $3.59 per share, beating the consensus mark of $2.29 by 56.8%. In the year-ago quarter, the company reported adjusted earnings per share of $1.63. Sterling Infrastructure, Inc. price-consensus-eps-surprise-chart | Sterling Infrastructure, Inc. Quote Revenues of $825.7 million surpassed the consensus estimate of $585 million by 41.1% and increased 92% from $430.9 million in the year-ago quarter. The recently acquired CEC Facilities Group contributed $156.1 million to revenues during the quarter. Operating leverage stood out in the quarter as profit growth outpaced the top line. Gross profit rose to $194.3 million from $94.8 million a year ago, and gross profit margin improved to 23.5% from 22%, an expansion of roughly 150 basis points. Operating income reached $137.8 million versus $56.1 million in the prior-year quarter. Adjusted EBITDA rose 107% year over year to $166.6 million, and adjusted EBITDA margin improved to 20.2% from 18.6%, up roughly 150 basis points. E-Infrastructure Solutions E-Infrastructure Solutions was the clear catalyst, with segment revenues (which consist of 72% of total revenues) jumping to $597.7 million from $218.3 million in the year-ago quarter. Management attributed the performance to strong execution on large mission-critical projects and the added scale from the recently acquired CEC business. Profitability in the segment also improved meaningfully. Adjusted operating income climbed to $140.3 million from $50.6 million, reflecting the margin profile of mission-critical work and...

CRH plc CRH posted an adjusted loss in the first quarter of 2026, which came in wider than the Zacks Consensus Estimate and the value reported a year ago. On the other hand, total revenues topped the consensus mark and grew year over year. Top-line growth was driven by positive underlying demand and contributions from recent tuck-in acquisitions, with the company highlighting momentum across infrastructure-led end markets. Product revenues climbed year over year, while service revenues were essentially stable, supporting a higher consolidated revenue base compared with the prior-year quarter. That said, the earnings miss underscores that higher activity does not automatically translate into cleaner bottom-line performance in the seasonally softer first quarter. Cost pressures, along with heavier non-cash charges tied to portfolio actions, created a tougher bridge from revenue growth to per-share results. CRH stock inched up 1% during today's pre-market trading hours, following the earnings release. CRH posted an adjusted loss of 20 cents per share, 33% wider than the year-ago adjusted loss of 15 cents per share and below the Zacks Consensus Estimate of a loss of 19 cents per share by 5.3%. Total revenues of $7.37 billion increased 9.1% year over year and topped the consensus mark of $7.15 billion by 3%. CRH PLC price-consensus-eps-surprise-chart | CRH PLC Quote The quarter reflected good early-season project activity and disciplined commercial execution, but higher depreciation and an impairment charge weighed on profitability. A notable bright spot was the adjusted EBITDA margin, which improved 70 basis points (bps) year over year to 8%. CRH’s adjusted EBITDA of $0.6 billion also rose 18% year over year, reflecting operational discipline and acquisition contributions. Below the operating line, interest expense increased from the prior-year period, consistent with higher gross debt balances. The combination of higher non-cash charges and increased net interest costs helps explain why earnings lagged estimates even as the topline advanced. Americas Materials Solutions delivered strong growth, with segment revenues reaching $2.724 billion (up 21% year over year) and adjusted EBITDA of $103 million (up 75%). Management pointed to robust project activity and volume gains across aggregates, asphalt and ready-mixed concrete, alongside contributions from acquisitio...

Weyerhaeuser Company WY reported mixed first-quarter 2026 results with adjusted earnings topping the Zacks Consensus Estimate, while the revenues marginally missed the same. Year over year, the bottom line remained flat while the top line declined. The quarter’s tone was shaped by a sharp sequential recovery in profitability, with adjusted EBITDA jumping to $308 million, helped by a sizeable conservation easement transaction and improved results across operating segments. The first-quarter adjusted earnings of 11 cents per share remained flat year over year but beat the Zacks Consensus Estimate of 4 cents by 175%. Revenues of $1.727 billion slipped 2% from the year-ago quarter and marginally missed the consensus mark of $1.734 billion by 0.4%. Gross margin expanded to $318 million from $161 million, reflecting better segment contribution and mix. Weyerhaeuser Company price-consensus-eps-surprise-chart | Weyerhaeuser Company Quote Timberlands posted total net sales of $492 million, modestly higher than $487 million sequentially. Earnings before special items improved, with net contribution to pretax earnings before special items rising to $57 million from $50 million, and adjusted EBITDA inching up to $120 million from $114 million. Operationally, the West benefited from slightly higher fee harvest volumes tied to more favorable weather, while overall sales realizations were slightly lower due to the mix. In the South, fee harvest volumes were slightly lower because of adverse weather early in the quarter, while realizations and per-unit log and haul costs were comparable to the prior quarter. Strategic Land Solutions' net sales doubled to $207 million from $103 million in the fourth quarter of 2025 and adjusted EBITDA surged to $193 million from $95 million, driven by a $94 million conservation easement transaction within the Climate Solutions business alongside real estate timing and mix. Real estate activity was also strong in volume. Real estate acres sold jumped to 17,141 compared with 4,135 in the fourth quarter of 2025, while average price per acre declined to $4,015 from $8,561, a mix shift that management characterized as consistent with historical levels. Wood Products results improved meaningfully from the prior quarter as pricing and operating leverage helped margins recover. Segment net sales rose to $1.16 billion from $1.09 billion in the fourth...

Primoris Services Corporation PRIM is scheduled to report its first-quarter 2026 results on May 5, after market close. In the last reported quarter, the company’s adjusted earnings per share (EPS) and revenues topped the Zacks Consensus Estimate by 13.7% and 9.6%, respectively. On a year-over-year basis, the top line increased 6.7%, but the bottom line declined 4.4%. Primoris Services’ earnings topped the consensus mark in each of the past four quarters, with an average surprise of 37.7%. The Zacks Consensus Estimate for the company’s first-quarter EPS has decreased to 87 cents from 88 cents over the past 30 days. The estimated figure indicates an 11.2% year-over-year decline from adjusted EPS of 98 cents. Primoris Services Corporation price-eps-surprise | Primoris Services Corporation Quote The consensus estimate for revenues is pegged at $1.7 billion, indicating a 5.2% increase from $1.65 billion reported in the year-ago quarter. Primoris Services' first-quarter revenues are likely to have increased year over year, supported by steady activity in the Energy segment (contributed 62.4% to fourth-quarter 2025 revenues), particularly in renewables and natural gas-related work. Continued demand for utility-scale solar and battery storage projects, along with growing opportunities in natural gas generation, is expected to have supported performance, though overall contribution might have remained stable. Growth is expected to have been driven by the Utilities segment (contributed 37.6% to fourth-quarter 2025 revenues), aided by ongoing demand in power delivery, communications and gas operations. Strength in grid investment and data center-related activity is likely to have supported the segment despite seasonal weakness. The Zacks Consensus Estimate for the Energy and Utilities segment revenues is pegged at $1.1 billion and $603 million, indicating flat year-over-year performance and a 7% increase, respectively. However, the Utilities segment is expected to have faced some pressure due to seasonality, as the first quarter is typically the weakest period. Lower storm-related work in power delivery compared with the prior-year period is also likely to have weighed on performance. The growth is expected to have been partially offset by continued weakness in pipeline activity, as project timing and execution have remained uneven despite an improving opportunity pipe...