Custom Truck One Source (CTOS) Scheduled to Announce Quarterly Earnings on Thursday

Custom Truck One Source (NYSE:CTOS) is scheduled to be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Custom Truck One Source has set its FY 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Custom Truck One Source (NYSE:CTOS) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.04). The business had revenue of $521.75 million during the quarter, compared to analyst estimates of $468.69 million. Custom Truck One Source had a net margin of 2.72% and a return on equity of 5.55%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. On average, analysts expect Custom Truck One Source to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Custom Truck One Source Stock Performance

Shares of CTOS stock opened at $5.17 on Thursday. Custom Truck One Source has a 12 month low of $4.41 and a 12 month high of $7.53. The firm has a market capitalization of $1.24 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 0.99 and a beta of 0.66. The firm has a fifty day simple moving average of $5.86 and a two-hundred day simple moving average of $6.00. The company has a current ratio of 1.41, a quick ratio of 0.31 and a debt-to-equity ratio of 1.62.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised shares of Custom Truck One Source from a “d” rating to a “c” rating in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Custom Truck One Source has a consensus rating of “Moderate Buy” and an average target price of $8.50.

About Custom Truck One Source

Custom Truck One Source, Inc provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).