ESOA

A lackluster earnings announcement from Energy Services of America Corporation (NASDAQ:ESOA) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings. 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. To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. As it happens, Energy Services of America issued 11% more new shares over the last year. As a result, its net income is now split between a greater number of shares. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. You can see a chart of Energy Services of America's EPS by clicking here. Energy Services of America has improved its profit over the last three years, with an annualized gain of 525% in that time. In comparison, earnings per share only gained 512% over the same period. Net profit actually dropped by 49% in the last year. But the EPS result was even worse, with the company recording a decline of 50%. And so, you can see quite clearly that dilution is influencing shareholder earnings. In the long term, if Energy Services of America's earnings per share can increase, then the share price should too. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Energy Services of America issued shares during the year, and that means its EPS performance lags its net income growth. Therefore, it seems possible to us that Energy Services of America's true underlying earnings power is actually less than its statutory profit. But the good news is that its EPS growth over the last three years has been very impressive. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you'd like to know more about Energ...

Records 21.5% Year-over-Year Revenue Increase and $23.6 Million Increase in Sequential Backlog HUNTINGTON, W.Va., May 11, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its second quarter ended March 31, 2026. Second Quarter Highlights (1) Revenue of $93.2 million versus $ 76.7 million Gross profit of $10.2 million versus $78,000 Gross margin of 11.0% compared to 0.1% Net income of $216,000, or $0.01 per diluted share, compared to net loss of $6.8 million, or ($0.41) per share. Adjusted EBITDA of $4.7 million compared to ($4.9 million) Completed 2,001,000 share equity offering, generating net proceeds of $21.2 million "The momentum from our strong start to fiscal 2026 carried into the second quarter, resulting in our first profitable fiscal second quarter in 17 years as an operating company," said Doug Reynolds, President of Energy Services. "The quarter benefited from the combination of continued demand across all of our business segments and more favorable weather versus the prior year, which allowed many projects this year to begin on time or ahead of schedule." "Revenue from our Gas & Petroleum Distribution more than doubled from the prior-year quarter thanks to new projects awarded in the first quarter and increased activity levels drove double-digit revenue growth for our Gas & Water Distribution and Electrical, Mechanical and General segments. Our backlog increased more than $23 million sequentially, keeping us well-positioned as we enter the seasonally stronger quarters," Mr. Reynolds concluded. Second Quarter Fiscal 2026 Financial Results Total revenues for the period were $93.2 million, compared to $76.7 million in the second quarter of fiscal 2025. The increase was primarily driven by increased work across all segments, particularly Gas & Petroleum Transmission. Gross profit was $10.2 million, compared to $78,000 in the prior-year quarter. Gross margin was 11.0% of revenues, compared to 0.1% of revenues in the second quarter of fiscal 2025. The increase is related to greater fixed cost leverage from the increased revenue base and more favorable sales mix. Selling and administrative expenses were $9.2 million, compared to $8.2 million in the prior-year quarter. The increase is primarily related to higher labor expenses related to the Company's growth....

Records 13.4% Year-over-Year Revenue Increase and $41.7 Million Increase in Sequential Backlog HUNTINGTON, W.Va., Feb. 9, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its first quarter ended December 31, 2025. First Quarter Highlights (1) Revenue of $114.1 million versus $100.6 million Gross profit of $14.0 million versus $10.3 million Gross margin improved 210 basis points to 12.3% Net income of $2.7 million, or $0.16 per diluted share, compared to $854,000, or $0.05 per diluted share. Adjusted EBITDA of $8.3 million compared to $4.3 million "We had a very strong start to fiscal 2026, thanks to continued robust demand within our Gas & Water Distribution segment and growth within our Gas & Petroleum Transmission segment from two new projects awarded in the quarter," said Doug Reynolds, President of Energy Services. "We continue to benefit from the very favorable tailwinds across our business, as evidence by the $42 million sequential increase in our backlog. After an extended period of reduced activity, the Gas & Petroleum Distribution segment is experiencing an uptick in bid opportunities. Revenue for our Gas & Water Distribution projects increased 30 percent from the prior-year quarter thanks to the ongoing replacement and upgrade cycle by municipalities and private utility companies. Revenue for the Electrical, Mechanical and General projects declined slightly on a year-over-year basis, but backlog increased by $7 million sequentially thanks to strong demand for large construction projects. We have been proactive in optimizing our workforce for the seasonally slower winter months, and remain optimistic about the prospects of the business, which should deliver long-term value to our shareholders," Mr. Reynolds concluded. First Quarter Fiscal 2026 Financial Results Total revenues for the period were $114.1 million, compared to $100.6 million in the first quarter of fiscal 2025. The increase was primarily driven by increased work on Gas & Water Distribution and Gas & Petroleum Transmission projects. Gross profit was $14.0 million, compared to $10.3 million in the prior-year quarter. Gross margin was 12.3% of revenues, compared to 10.2% of revenues in the first quarter of fiscal 2025. The decrease is related to sales mix and increased revenue base. Selling and...

Energy Services of America (ESOA) reported fiscal Q1 earnings late Monday of $0.16 per diluted share

Records 16.8% Annual Revenue Increase and Highest Quarterly Revenue in Company History HUNTINGTON, W.Va., Dec. 9, 2025 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fourth quarter and fiscal year ended September 30, 2025. Fourth Quarter Highlights (1) Revenue of $130.1 million versus $104.7 million Gross profit of $16.5 million versus $17.6 million Net income of $4.2 million, or $0.25 per diluted share, compared to $6.7 million, or $0.40 per diluted share. Adjusted EBITDA of $11.3 million compared to $11.1 million Acquired Rigney Digital Systems on September 30th Fiscal 2025 Highlights (1) Revenue of $411.0 million, a 16.8% increase Gross profit of $38.8 million compared to $50.0 million Net income of $380,000 or $0.02 per diluted share, compared to $25.1 million, or $1.51 per diluted share. The prior year's results include approximately $11.4 million net of income tax, or $0.69 per diluted share, from a legal judgement Adjusted EBITDA of $17.2 million compared to $28.8 million Backlog of $259.7 million compared to $243.2 million as of September 30, 2024 Acquired Tribute Contracting & Consultants on December 2, 2024 Doubled dividend rate to $0.12 per share and converted to quarterly payment Added to Russell 2000 index on June 30th "Fiscal 2025 was a year of meaningful growth for the Company, primarily driven by demand within our Gas & Water Distribution segment and our acquisition of Tribute last December," said Doug Reynolds, President of Energy Services. "Full-year profitability was negatively impacted by very unfavorable winter weather, but we continue to execute on these delayed projects." "We believe the outlook for Fiscal 2026 remain very favorable. We continue to experience strong demand within the water and wastewater segment as municipalities and private utility companies are replacing and upgrading older systems and our Electrical, Mechanical and General segment are benefiting from increased construction and service opportunities. Our recent acquisition of Rigney Digital Systems enhances the services offered by Nitro Construction and should boost the margin profile for the segment. Also, we are beginning to see a pickup in activity within our Gas Transmission over the past year. Overall, we remain optimistic about the prospects of the business and will...

HUNTINGTON, W.Va., Aug. 11, 2025 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fiscal third quarter ended June 30, 2025. Third Quarter Summary (1) Revenue of $103.6 million, a 21% increase Gross profit of $12.0 million, compared to $15.3 million Net income of $2.1 million, or $0.12 per diluted share Backlog of $304.4 million compared to $250.9 million (1) All comparisons are versus the comparable prior year period, unless otherwise stated. "Our third quarter results show a significant sequential improvement as we entered the more favorable spring and summer weather period. We also recorded strong revenue growth from the prior-year quarter primarily driven by our Gas & Water Distribution business line," said Doug Reynolds, President of Energy Services. "We also increased our backlog by $24 million sequentially thanks in part to increased opportunities for water and wastewater projects." "We remain optimistic about the outlook for our business as we enter the final quarter of fiscal 2025 and into fiscal 2026. Opportunities for projects within the electrical, mechanical, and general construction business remain strong and we continue to benefit from ongoing water and wastewater pipe replacement projects through private utility companies. The strong inflow of opportunities allows us to select projects with a more attractive margin profile while continuing to effectively manage and staff these projects. Overall, we believe the favorable tailwinds across our industries will allow us to continue to deliver top and bottom-line growth while generating long-term value for our shareholders," Mr. Reynolds concluded. Third Quarter Fiscal 2025 Financial Results Total revenues for the period equaled $103.6 million, compared to $85.9 million in the third quarter of fiscal 2024. The year-over-year increase was primarily driven by increased work within the Gas & Water Distribution and Electrical, Mechanical and General business lines, which more than offset a decline in Gas & Petroleum Transmission. Gross profit was $12.0 million, compared to $15.3 million in the prior-year quarter. Gross margin was 11.6% of revenues, compared to 17.8% of revenues in the third quarter of fiscal 2024. The decrease is related to lower operational efficiency resulting in less fixed cost coverage. Se...

Investors were disappointed with Energy Services of America Corporation's (NASDAQ:ESOA) earnings, despite the strong profit numbers. We think that the market might be paying attention to some underlying factors that they find to be concerning. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Importantly, our data indicates that Energy Services of America's profit received a boost of US$16m in unusual items, over the last year. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Energy Services of America had a rather significant contribution from unusual items relative to its profit to March 2025. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger than it would otherwise be. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As we discussed above, we think the significant positive unusual item makes Energy Services of America's earnings a poor guide to its underlying profitability. As a result, we think it may well be the case that Energy Services of America's underlying earnings power is lower than its statutory profit. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So while earnings quality is important, it's equally important to consider the risks facing Energy Services of America at this point in time. Case in point: We've spotted 3 warning signs for Energy Services of America you should be aware of. Today we've zoomed in on a single data point to better understand the nature of Energy Services of America's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on eq...

Revenue: US$76.7m (up 7.8% from 2Q 2024). Net loss: US$6.80m (loss widened by US$5.69m from 2Q 2024). US$0.41 loss per share (further deteriorated from US$0.067 loss in 2Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Energy Services of America. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) was also behind analyst expectations. The company's shares are down 9.2% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Energy Services of America, and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

HUNTINGTON, W.Va., May 12, 2025 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its fiscal second quarter ended March 31, 2025. Second Quarter Summary (1) Revenue of $76.7 million, an 8% increase Gross profit of $78,000, compared to $6.2 million Net loss of $6.8 million, or ($0.41) per share Backlog of $280.7 million compared to $222.8 million as of March 31, 2025 and 2024, respectively. (1) All comparisons are versus the comparable prior year period, unless otherwise stated. "Our second quarter is typically our lowest revenue period due to weather. This quarter was impacted more than usual by unfavorable conditions, reducing our fixed cost coverage particularly within our C.J. Hughes business," said Doug Reynolds, President of Energy Services. "We are encouraged by the $37 million sequential increase in our backlog from September 30, 2024 to March 31, 2025, and expect our revenue and profitability to improve as we enter the historically stronger spring and summer months." "We believe the prospects for our business remain very favorable for the second half of fiscal 2025 and into fiscal 2026. We continue to experience strong demand for water distribution, particularly from private utility companies as they catch up on pipe replacement projects that have been deferred for many years and from the acquisition of Tribute last December. We remain focused on selecting projects that have a more favorable margin profile and attracting and managing the necessary crews for this work and continue to evaluate potential acquisition opportunities that complement our existing portfolio or offer additional capabilities. Overall, we believe we are well-positioned to deliver growth thanks to the current tailwinds within our industries, and generate value for our shareholders," Mr. Reynolds concluded. Second Quarter Fiscal 2025 Financial ResultsTotal revenues for the period equaled $76.7 million, compared to $71.1 million in the second quarter of fiscal 2024. The year-over-year increase was primarily driven by increased work within the Gas & Water Distribution business line, which more than offset the decline in Gas & Petroleum Transmission. Gross profit was $78.000, compared to $6.2 million in the prior-year quarter. Gross margin was 0.1% of revenues, compared to 8.8% of revenues in th...