Shares of Concrete Pumping Holdings, Inc. (BBCP) are rising more than 8% Tuesday morning after reporting better-than-expected fourth-quarter results.
Profit in the fourth quarter increased 170% to $8.1 million or $0.14 per share from $3 million or $0.05 per share a year ago. On average, 4 analyts polled by Thomson-Reuters expected the company to report earnings of $0.6 per share.
Revenue increased 31% to $114.9 million from $87.8 million last year helped by growth in all segments. The consensus estimate stood at $96.62 million.
Looking forward, the company expects full-year revenue to range between $420 million and $445 million. Analysts' expectation is for $443.2 million.
BBCP is at $7.06 currently. It has traded in the range of $4.64-$8.26 in the last 1 year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.