Earnings PerformanceQ3/25 revenue increased 10.7% YOY to $518.0 million, which exceeded estimates due to better-than-expected organic revenue growth.
Investment RatingIncreasing Price Target to $41 Following Better-than-Expected Q2/25 Results; Reiterate OUTPERFORM Investment Rating.
Market ExpansionCanada Branch revenue increased 53.3% YOY, driven by the acquisition of Source Atlantic, indicating a recovery in the business.