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

Posted by Donald Scott on Apr 30th, 2024

Custom Truck One Source (NYSE:CTOS – Get Free Report) will be issuing its quarterly earnings data 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.Persons interested in participating in the company’s earnings conference call can do so using this link.

Custom Truck One Source (NYSE:CTOS – Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The firm had revenue of $521.75 million for the quarter, compared to analysts’ expectations of $468.69 million. Custom Truck One Source had a return on equity of 5.55% and a net margin of 2.72%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share. 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 Up 0.2 %

CTOS stock opened at $5.13 on Tuesday. The company has a 50 day moving average price of $5.75 and a two-hundred day moving average price of $5.98. 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 market capitalization of $1.23 billion, a P/E ratio of 23.32, a PEG ratio of 0.97 and a beta of 0.66. Custom Truck One Source has a one year low of $4.41 and a one year high of $7.53.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on Custom Truck One Source

About Custom Truck One Source

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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).