The earnings call reflects a company with a strong strategic focus and improved margins but facing challenges due to economic uncertainty and project delays. The recognition as a best employer and a strong backlog are positive indicators, but revenue decline and uncertainty related to global trade and project delays are notable challenges.

Company Guidance

During the Bird Construction Second Quarter 2025 Conference Call, Teri McKibbon, President and CEO, highlighted the company's progress and future outlook. Bird reported a gross profit margin improvement to 10.6% from 8.6% the previous year, with an adjusted EBITDA margin rising to 6.5% from 5.3%. The company secured $1.2 billion in new awards, increasing its record backlog to over $4.6 billion, a 36% increase year-over-year. Bird is on track to achieve its 2027 strategic target of an 8% EBITDA margin, having improved margins by 120 basis points in the quarter. Despite a slight revenue decrease due to client-driven project delays, the demand in key sectors remains robust, with $2.5 billion in year-to-date securements. The company continues to focus on high-margin sectors and strategic acquisitions, supported by a strong balance sheet and $142.6 million in cash. Bird's pending backlog includes $3.8 billion in awarded but not yet contracted work, with significant opportunities arising from global trends like increased defense spending and energy sector developments.

Recognition as a Certified Best Employer

Bird Construction was recognized as a certified best employer in Canada, with a 95% employee survey response rate, indicating high employee engagement and satisfaction.

Improved Margins

Gross profit margin increased to 10.6% from 8.6% a year ago, and adjusted EBITDA margin rose to 6.5% from 5.3% last year, reflecting a strategic focus on higher-margin sectors.

Record Backlog

Bird secured nearly $1.2 billion in new awards in the quarter, growing the backlog to over $4.6 billion, which is over 36% higher than a year ago.

Strong Liquidity Position

The company maintains a strong liquidity position with $142.6 million of cash and cash equivalents and an additional $231.7 million available under the syndicated credit facility.

Strategic Sector Focus

Bird continues to focus on key sectors such as infrastructure, healthcare, defense, and energy, aligning with national priorities for growth and margin expansion.

Bird Construction (TSE:BDT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:BDT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.59 / -	0.69	―	―	―
Aug 13, 2025	2025 (Q2)	0.51 / 0.50	0.42	19.05% (+0.08)	―	―
May 14, 2025	2025 (Q1)	0.19 / 0.23	0.2	15.00% (+0.03)	―	―
Mar 12, 2025	2024 (Q4)	0.68 / 0.67	0.45	48.89% (+0.22)	―	―
Nov 05, 2024	2024 (Q3)	0.69 / 0.69	0.54	27.78% (+0.15)	―	―
Aug 07, 2024	2024 (Q2)	0.38 / 0.42	0.29	44.83% (+0.13)	―	―
May 14, 2024	2024 (Q1)	0.17 / 0.20	0.1	100.00% (+0.10)	―	―
Mar 05, 2024	2023 (Q4)	0.40 / 0.45	0.28	60.71% (+0.17)	―	―
Nov 07, 2023	2023 (Q3)	0.42 / 0.54	0.27	100.00% (+0.27)	―	―
Aug 09, 2023	2023 (Q2)	0.22 / 0.29	0.26	11.54% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:BDT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	C$29.99	C$25.36	-15.44%
May 14, 2025	C$25.71	C$24.76	-3.70%
Mar 12, 2025	C$20.76	C$20.08	-3.28%
Nov 05, 2024	C$30.23	C$27.57	-8.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bird Construction (TSE:BDT) report earnings?

Bird Construction (TSE:BDT) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Bird Construction (TSE:BDT) earnings time?

Bird Construction (TSE:BDT) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:BDT EPS forecast?

TSE:BDT EPS forecast for the fiscal quarter 2025 (Q3) is 0.59.

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