Earnings to Watch: Bird Construction Inc (TSX:BDT) Reports Q3 2024 Result

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Nov 04, 2024

Bird Construction Inc (TSX:BDT, Financial) is set to release its Q3 2024 earnings on November 5, 2024. The consensus estimate for Q3 2024 revenue is $960.97 million, and the earnings are expected to come in at $0.68 per share. The full year 2024's revenue is expected to be $3.49 billion and the earnings are expected to be $1.92 per share. More detailed estimate data can be found on the Forecast page.

Bird Construction Inc (TSX:BDT, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Bird Construction Inc (TSX:BDT) have been revised upward, from $3.35 billion to $3.49 billion for the full year 2024, and from $3.81 billion to $3.98 billion for 2025. Similarly, earnings estimates have increased from $1.87 per share to $1.92 per share for the full year 2024, and from $2.47 per share to $2.68 per share for 2025.

Bird Construction Inc (TSX:BDT, Financial) Reported History

In the previous quarter of June 30, 2024, Bird Construction Inc's (TSX:BDT) actual revenue was $873.54 million, which beat analysts' revenue expectations of $773.58 million by 12.92%. Bird Construction Inc's (TSX:BDT) actual earnings were $0.40 per share, which beat analysts' earnings expectations of $0.378 per share by 5.82%. After releasing the results, Bird Construction Inc (TSX:BDT) was down by -0.31% in one day.

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Bird Construction Inc (TSX:BDT, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 8 analysts, the average target price for Bird Construction Inc (TSX:BDT) is $34.13 with a high estimate of $37 and a low estimate of $28. The average target implies an upside of 10.29% from the current price of $30.94.

Based on GuruFocus estimates, the estimated GF Value for Bird Construction Inc (TSX:BDT, Financial) in one year is $16.09, suggesting a downside of -48% from the current price of $30.94.

Based on the consensus recommendation from 8 brokerage firms, Bird Construction Inc's (TSX:BDT, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.