NV5 Global Inc (NVEE) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Nov 06, 2024
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NV5 Global Inc (NVEE, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $252.11 million, and the earnings are expected to come in at $0.25 per share. The full year 2024's revenue is expected to be $946.02 million and the earnings are expected to be $0.67 per share. More detailed estimate data can be found on the Forecast page.

NV5 Global Inc (NVEE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for NV5 Global Inc (NVEE) for the full year 2024 have increased from $939.12 million to $946.02 million, and for 2025, the estimates have risen from $987.59 million to $993.48 million. Conversely, earnings estimates for the full year 2024 have declined from $0.70 per share to $0.67 per share, and for 2025, they have decreased from $0.88 per share to $0.84 per share.

NV5 Global Inc (NVEE, Financial) Reported History

In the previous quarter of 2024-06-30, NV5 Global Inc's (NVEE) actual revenue was $236.33 million, which beat analysts' revenue expectations of $235.57 million by 0.32%. NV5 Global Inc's (NVEE) actual earnings were $0.13 per share, which missed analysts' earnings expectations of $0.17 per share by -25.6%. After releasing the results, NV5 Global Inc (NVEE) was up by 2.57% in one day.

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NV5 Global Inc (NVEE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 8 analysts, the average target price for NV5 Global Inc (NVEE) is $31.19 with a high estimate of $41.25 and a low estimate of $26. The average target implies an upside of 29.68% from the current price of $24.05.

Based on GuruFocus estimates, the estimated GF Value for NV5 Global Inc (NVEE, Financial) in one year is $32.88, suggesting an upside of 36.72% from the current price of $24.05.

Based on the consensus recommendation from 9 brokerage firms, NV5 Global Inc's (NVEE, Financial) average brokerage recommendation is currently 1.9, 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.