TSX:BDTConstruction
Bird Construction (TSX:BDT) Stock Chases Billion Dollar Quarter And 7.1% Margins
Bird Construction stock closed at CA$71.88 heading into this earnings release, after a strong few months that pushed the 90 day return above 23%. The headline today is simple. Bird just reported its first billion dollar quarter, with Q2 revenue of CA$1.043b and adjusted EBITDA margin holding at 7.1%. For a contractor that depends heavily on project execution, that profit profile is what really matters.
Short term traders may focus on the recent rally and trailing P/E of 80.6x. Long term...