Centuri reports Q3 adjusted EPS 19c, consensus 29c

Reports Q3 revenue $850.04M, consensus $758.47M. “We delivered strong year-over-year revenue expansion in our base operations alongside meaningful profitability improvements,” said Centuri (CTRI) President & CEO Christian Brown. “Our commercial achievements underscore the underlying strength of our market position, while we continue to execute improvements in operational efficiency. Our booking activity of $815 million during the quarter brought our year-to-date awards to over $3.7 billion with nearly 80% of new awards secured in the third quarter representing new opportunities. This commercial momentum, combined with our robust sales pipeline of $13 billion, including near-term MSA renewals and strategic bids of $3.0 billion, provides clear visibility into sustained growth trajectory and positions us well to achieve double-digit base revenue and base gross profit growth in 2026.”