Willdan Group (NASDAQ:WLDN) reported its Q4 earnings results on Thursday, March 10, 2022 at 04:06 PM.
Here's what investors need to know about the announcement.
Earnings
Willdan Group beat estimated earnings by 42.42%, reporting an EPS of $0.47 versus an estimate of $0.33.
Revenue was up $1.09 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 1.03% increase in the share price the next day.
Here's a look at Willdan Group's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.38 | 0.22 | 0.50 |
| EPS Actual | 0.53 | 0.24 | 0.22 | 0.46 |
| Revenue Estimate | 52.32M | 48.25M | 46.90M | 57.82M |
| Revenue Actual | 54.47M | 47.25M | 47.95M | 50.75M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Willdan Group management provided guidance for their next quarter, expecting earnings between $1.86 and $1.86 per share for the next quarter.
This represents a 295.74% in quarter-over-quarter growth for Willdan Group, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
