Willdan Group Reports Fourth Quarter and Fiscal Year 2018 Results

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Willdan Group (WLDN) PT Raised to $42 at Canaccord Genuity

March 8, 2019 8:18 AM EST

Canaccord Genuity analyst Chip Moore raised the price target on Willdan Group (NASDAQ: WLDN) to $42.00 (from $40.00) while maintaining a Buy rating.

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Willdan Group (WLDN) Tops Q4 EPS by 23c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Mid-Point Guidance Above Estimates

March 7, 2019 4:48 PM EST

Willdan Group (NASDAQ: WLDN) reported Q4 EPS of $0.61, $0.23 better than the analyst estimate of $0.38. Revenue for the quarter came in at $40.2 million versus the consensus estimate of $37.69 million.

Consolidated Contract Revenue of $86.4 millionNet Revenue of $40.2 millionNet Income of $1.2 millionDiluted earnings per share of $0.11, including Lime transaction costs and new shares issuedAdjusted diluted earnings per share of $0.61Adjusted EBITDA of $6.6 million, an increase of 23.2%

For the fourth quarter of 2018, Willdan reported consolidated contract revenue of $86.4 million and net income of... More