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Bird Construction (TSE:BDT)
TSX:BDT
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.5Last Year’s EPS
0.42Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 7.10%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record backlog and revenue growth, driven by strategic positioning and government support. Although there were industrial maintenance deferrals impacting short-term revenue, the overall outlook remains positive due to a strong balance sheet and continued demand in target sectors.Company Guidance
During Bird Construction's first quarter 2025 results call, CEO Teri McKibbon highlighted several key metrics reflecting the company's robust performance and strategic direction. Bird achieved record backlog levels, reaching $4.3 billion, alongside revenue growth of 4.3% to $717.6 million compared to the previous year. The company's adjusted EBITDA margin expanded to 4.8% for the quarter, with a trailing 12-month EBITDA margin of 6.5%, moving closer to the 2027 target of 8%. Bird added $1.3 billion to its backlog in Q1, exceeding work executed by 85%. The company also reported strong liquidity, maintaining $137.8 million in cash and access to $336.7 million under its credit facility. Bird's strategic focus on margin-accretive sectors, disciplined project selection, and enhanced self-performance capabilities is expected to drive further growth. Despite some industrial maintenance deferrals impacting revenue timing, the outlook remains optimistic, buoyed by a robust bidding pipeline and favorable market conditions across infrastructure, energy, and industrial sectors.Record Backlog
Bird Construction's backlog reached a record level of $4.3 billion at the end of the quarter, with $1.3 billion added in Q1, exceeding work executed by 85%.
Revenue and Margin Growth
Construction revenue increased by 4.3% year-over-year to $717.6 million, and the adjusted EBITDA margin improved to 4.8% from 3.5% in Q1 2024, representing an increase of 41%.
Strong Balance Sheet
Bird's liquidity position remains strong with $137.8 million of cash and cash equivalents and $336.7 million available under the company's credit facility.
Strategic Positioning and Government Support
Bird is well-positioned to benefit from government commitments to position Canada as a global energy superpower, with significant opportunities in energy, mining, and transportation sectors.
Successful Project Awards
Bird secured multiple new projects, including a highway improvement project, a transit hub, and various industrial contracts, highlighting demand across target sectors.
TSE:BDT Earnings History
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 |
|---|---|---|---|
May 14, 2025 | C$25.91 | C$24.96 | -3.67% |
Mar 12, 2025 | C$20.93 | C$20.24 | -3.30% |
Nov 05, 2024 | C$30.47 | C$27.79 | -8.80% |
Aug 07, 2024 | C$21.88 | C$22.99 | +5.07% |
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 Aug 12, 2025, TBA Not Confirmed.
What is Bird Construction (TSE:BDT) earnings time?
Bird Construction (TSE:BDT) earnings time is at Aug 12, 2025, TBA Not 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 (Q2) is 0.5.