Consensus estimates for the third quarter ending September 2026 project revenue of $615.03 million and earnings per share of $0.15, with the current stock price of $10.05 trading below the $12.14 average analyst target.
Investors are primarily focused on the operational recovery of the Inspection & Mitigation (I&M) segment, which has recently faced site-specific headwinds and timing delays.
The company enters the reporting period with a record combined backlog of $1.18 billion, driven by high demand in the data center and power utility end markets. Management's ability to achieve their target of a 100+ basis point margin improvement in the second half of 2026 is considered critical for stock re-rating.