Stock of IES Holdings, Inc. (IESC) is falling around 8 percent in Friday morning trading despite reporting strong earnings and revenue growth in the second quarter.
The company's stock is currently trading at $590.19, down 8.33 percent or $53.89, over the previous close of $644.08 on the Nasdaq. It has traded between $213.57 and $675.00 in the past one year.
The company's earnings rose to $109.8 million, or $5.44 per share, from $70.7 million, or $3.50 per share, last year. Meanwhile, revenue amounted to $974.2 million, up from $834.0 million in the prior year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.