BrightView (NYSE:BV – Get Rating) announced its quarterly earnings results on Thursday. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.03), Briefing.com reports. BrightView had a net margin of 0.94% and a return on equity of 7.00%. The business had revenue of $747.40 million during the quarter, compared to the consensus estimate of $729.94 million. During the same period last year, the firm earned $0.40 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. BrightView updated its FY 2022 guidance to EPS and its Q4 2022 guidance to EPS.
BrightView Trading Down 7.0 %
BrightView stock traded down $0.80 during trading hours on Friday, reaching $10.71. 285,927 shares of the company’s stock traded hands, compared to its average volume of 111,538. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.26 and a current ratio of 1.26. BrightView has a fifty-two week low of $10.67 and a fifty-two week high of $17.53. The firm has a market capitalization of $996.03 million, a price-to-earnings ratio of 41.19 and a beta of 1.27. The firm’s 50 day moving average is $12.36 and its 200-day moving average is $12.78.
Insider Activity at BrightView
In other news, insider Thomas C. Donnelly purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 20th. The shares were acquired at an average cost of $11.75 per share, for a total transaction of $58,750.00. Following the transaction, the insider now directly owns 169,489 shares of the company’s stock, valued at approximately $1,991,495.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On BrightView
BrightView Company Profile
BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.
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