THORNTON, Colo. (AP) — THORNTON, Colo. (AP) — Concrete Pumping Holdings, Inc. (BBCP) on Thursday reported fiscal second-quarter earnings of $3 million.
On a per-share basis, the Thornton, Colorado-based company said it had net income of 5 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The company posted revenue of $107.1 million in the period.
Concrete Pumping expects full-year revenue in the range of $455 million to $465 million.
Concrete Pumping shares have decreased 8.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.50, a climb of slightly more than 7% in the last 12 months.
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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
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