EarningsAdjusted EPS missed at $0.30, versus consensus $0.39, but EPS results are always muddy given effective tax rates comparability.
Financial PerformanceBowman reported a weaker than expected Q3: EBITDA of $17mn, was 2% below consensus expectations while gross revenue of $113.9mn was in line.
Revenue ExposureRevenue exposure to interest-rate sensitive buildings work is around 40%, which could pose risks for organic growth.