IES Holdings

IES Holdings, Inc. engages in the design and installation of electrical and technology systems and the provision of infrastructure products and services to end markets including data centers, residential housing, and commercial and industrial facilities. It operates through the following segments: Communications, Residential, Commercial and Industrial, and Infrastructure Solutions. The Communications segment provides technology infrastructure services to large corporations and independent businesses. The Residential segment deals with electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning (HVAC), and plumbing installation services. The Commercial and Industrial segment offers electrical and mechanical design, construction, and maintenance services to the commercial and industrial markets. The Infrastructure Solutions segment includes electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products. The company was founded in 1997 and is headquartered in Houston, TX.

Earnings data Q3 2021

Earnings data Q4 2021

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IES Holdings, Inc. engages in the business of designing and installing integrated electrical and technology systems. It operates through the following segments: Communications, Residential, Infrastructure Solutions, and Commercial and Industrial. The Communications segment provides technology infrastructure services such as designing, building, and maintaining communications infrastructure within data centers for co-location and managed hosting customers. The Residential segment offers electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning and plumbing installation services in certain markets. The Infrastructure Solutions segment includes electro-mechanical solutions for industrial operations including apparatus repair and custom-engineered products such as generator enclosures used in data centers and other industrial applications. The Commercial and Industrial segment is involved in electrical and mechanical design, construction, and maintenance services to the commercial and industrial markets in various regional markets and nationwide in certain areas of expertise such as the power infrastructure market and data centers. The company was founded in 1997 and is headquartered in Houston, TX.

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HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (“IES”) (NASDAQ: IESC) announced today that it has acquired Greiner Industries, Inc. (“Greiner”), a Mount Joy, PA-based structural steel fabrication and services company. The acquisition also includes the purchase of Greiner's facilities, which cover 450,000-square feet of manufacturing space on a 60-acre campus. Greiner, with 2023 revenue of approximately $58 million, will become part of IES's Infrastructure Solutions segment and continue to operate under the Greiner name.

IES Holdings Acquires Greiner Industries

IES has achieved impressive returns of 160%, 510%, and 1600% over 1, 5, and 10 years respectively. The business is decentralized, allowing for autonomy and ownership among segment managers. IES operates in growing markets such as data centers and residential housing, with potential for further growth.

IES Holdings: If You Have A Long-Term Vision, You Haven't Missed The Train

HOUSTON, Feb. 02, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended December 31, 2023. First Quarter 2024 Highlights Revenue of $634 million for the first quarter of fiscal 2024, an increase of 10% compared with $575 million for the same quarter of fiscal 2023 Operating income of $58.0 million for the first quarter of fiscal 2024, an increase of 43% compared with $40.7 million for the same quarter of fiscal 2023; operating income for the first quarter of fiscal 2023 included a pretax gain of $13.0 million from the sale of STR Mechanical in October 2022 Net income attributable to IES of $41.0 million for the first quarter of fiscal 2024, an increase of 55% compared with $26.4 million for the same quarter of fiscal 2023, and diluted earnings per share attributable to common stockholders of $1.87 for the first quarter of fiscal 2024, compared with $1.14 for the same quarter of fiscal 2023; net income attributable to IES and diluted earnings per share attributable to common stockholders for the first quarter of fiscal 2023 included an after tax gain of $9.6 million and $0.47, respectively, from the sale of STR Mechanical Adjusted net income attributable to IES (a non-GAAP financial measure, as defined below) of $41.0 million for the first quarter of fiscal 2024, an increase of 106% compared with $19.9 million for the same quarter of fiscal 2023, and diluted adjusted earnings per share attributable to common stockholders of $1.87 for the first quarter of fiscal 2024, compared with $0.82 for the same quarter of fiscal 2023 Remaining performance obligations, a GAAP measure of future revenue to be recognized from current contracts with customers, of approximately $1.1 billion as of December 31, 2023 Backlog (a non-GAAP financial measure, as defined below) of approximately $1.5 billion as of December 31, 2023 Overview of Results "We are pleased with our financial performance in the first quarter of fiscal 2024, as we continued to build on the progress we saw in fiscal 2023," said Jeff Gendell, Chairman and Chief Executive Officer.

IES Holdings Reports Fiscal 2024 First Quarter Results

HOUSTON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2024 first quarter results before the market opens on Friday, February 2, 2024.

IES Holdings Announces Fiscal 2024 First Quarter Results Earnings Release Schedule

IESC is my top pick for 2024. FY23 revenues increased by 9.7%, driven by strong performance in the infrastructure, residential, and communications segments. IESC is financially and technically solid, with potential for margin improvement and revenue growth, making it undervalued and a strong buy.

IES Holdings: My Top Pick For 2024

IES Hldgs (NASDAQ: IESC ) just reported results for the fourth quarter of 2023. IES Hldgs reported earnings per share of $1.74.

IESC Stock Earnings: IES Hldgs Reported Results for Q4 2023

HOUSTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter and fiscal year ended September 30, 2023.

IES Holdings Reports Fiscal 2023 Fourth Quarter and Full Year Results

HOUSTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced the promotion of Matthew Simmes to the position of President and Chief Operating Officer of the Company. Mr. Simmes, who was appointed as Chief Operating Officer of IES in December 2021, will continue to manage the operations of all four of the Company's operating segments, reporting directly to Jeff Gendell, the Company's Chairman and Chief Executive Officer. Mr. Simmes has spent 30 years at IES in a variety of increasingly senior roles and, prior to being named Chief Operating Officer, served as President of the Company's Communications segment from 2017 to 2021.

IES Holdings Promotes Matthew Simmes to President and Chief Operating Officer

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2023 fourth quarter and year-end results before the market opens on Thursday, December 7, 2023.

IES Holdings Announces Fiscal 2023 Fourth Quarter and Year-End Results Earnings Release Schedule

IES Holdings reports strong demand in Florida single-family markets. The company appears to be reporting impressive EPS growth in 2023, double-digit net sales growth, and triple-digit operating income growth. My new numbers are a bit better than in the previous report. I assumed a lower WACC, and higher terminal multiple because the company reported EPS growth, and restructuring.

IES: Significant EPS Growth, Backlog Growth, And Reorganization.

HOUSTON, Aug. 04, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2023.

IES Holdings Reports Fiscal 2023 Third Quarter Results

HOUSTON, July 28, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2023 third quarter results before the market opens on Friday, August 4, 2023.

IES Holdings Announces Fiscal 2023 Third Quarter Results Earnings Release Schedule

HOUSTON, May 10, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended March 31, 2023.

IES Holdings Reports Fiscal 2023 Second Quarter Results

HOUSTON, Feb. 03, 2023 (GLOBE NEWSWIRE) --  IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended December 31, 2022.

IES Holdings Reports Fiscal 2023 First Quarter Results

HOUSTON, Jan. 30, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2023 first quarter results before the market opens on Friday, February 3, 2023.

IES Holdings Announces Fiscal 2023 First Quarter Results Earnings Release Schedule

IES Holdings is currently a company dedicated to the design and installation of electrical systems and technologies for a wide variety of end customers, including data centers, and residential homes. I believe that the residential segment will likely benefit from future population growth, and the communications segment may benefit from the growing demand for data storage.

IES Holdings Benefits From Data Storage Need And Long-Term Guidance

HOUSTON, Dec. 06, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter and fiscal year ended September 30, 2022.

IES Holdings Reports Fiscal 2022 Fourth Quarter and Full Year Results; Board Authorizes New $40 Million Share Repurchase Program

HOUSTON, Oct. 10, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (“IES”) (NASDAQ: IESC) announced today that it has sold STR Mechanical, LLC and its subsidiary Technical Services II, LLC (collectively, “STR”) to an affiliate of SkyKnight Capital L.P. (“SkyKnight”). STR, originally acquired by IES in 2016, is a Charlotte, North Carolina-based provider of heating, ventilation and air conditioning (HVAC) maintenance, repair, and replacement services to commercial customers and had operated as part of IES's Commercial & Industrial segment.

IES Holdings Divests STR Mechanical

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HOUSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) --  IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2022.

IES Holdings Reports Fiscal 2022 Third Quarter Results

HOUSTON, April 29, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended March 31, 2022.

IES Holdings Reports Fiscal 2022 Second Quarter Results

HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2022 second quarter results before the market opens on Friday, April 29, 2022.

IES Holdings Announces Fiscal 2022 Second Quarter Results Earnings Release Schedule

HOUSTON , Feb. 02, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended December 31, 2021.

IES Holdings Reports Fiscal 2022 First Quarter Results

HOUSTON, Jan. 27, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it will release fiscal 2022 first quarter results before the market opens on Wednesday, February 2, 2022.

News for IES Holdings Stock (IESC)