Custom Truck One Source (CTOS) to Release Earnings on Thursday

Custom Truck One Source (NYSE:CTOS) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect Custom Truck One Source to post earnings of ($0.01) per share for the quarter. Custom Truck One Source has set its FY 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

Custom Truck One Source (NYSE:CTOS) last posted its quarterly earnings data 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 firm had revenue of $521.75 million for the quarter, compared to analyst estimates of $468.69 million. Custom Truck One Source had a return on equity of 5.55% and a net margin of 2.72%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company 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 Down 3.8 %

NYSE CTOS opened at $5.17 on Thursday. The stock has a market capitalization of $1.24 billion, a P/E ratio of 23.48, a price-to-earnings-growth ratio of 0.99 and a beta of 0.66. Custom Truck One Source has a 52 week low of $4.41 and a 52 week high of $7.53. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.31 and a current ratio of 1.41. The stock has a fifty day moving average of $5.86 and a 200-day moving average of $6.00.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Custom Truck One Source from a “d” rating to a “c” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

Custom Truck One Source Company Profile

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).