Stock Data
$8.83 (1.15%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
ENGINEERING & CONSTRUCTION
IES Holdings, Inc., based in Houston, Texas, specializes in the design and installation of integrated electrical and technology systems across the United States. The company operates through various segments, offering a wide range of services including network infrastructure design and maintenance within data centers, electrical installations for housing, cable TV setups, and solar power solutions for residences. Additionally, IES Holdings provides critical infrastructure solutions, including the maintenance of electric motors and power equipment, as well as electrical and mechanical services for commercial and industrial projects. Established in 1997, IES Holdings is a key player in powering and connecting communities and industries.
IES Holdings blew past Q3 expectations with EPS of $6.70 beating consensus by 39% and revenue topping estimates by 15%, riding an explosion in data center demand that pushed backlog to $4.5 billion. Operating income nearly doubled year-over-year while the Commercial & Industrial segment more than doubled revenue, setting up a stock split announcement that signals management confidence in the runway ahead.
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