Willdan Crushes Q2 Estimates, Raises FY2026 Guidance on Surging Energy Demand
WLDN sits 30% above its 52-week low of $64.665.
Summary
Willdan delivered a massive Q2 beat: contract revenue of $231M more than doubled the $102M consensus, and adjusted EPS of $2.07 surged 38%. The company raised its full-year outlook significantly, now targeting $415M-$430M in net revenue, $103M-$107M in adjusted EBITDA, and $5.00-$5.15 in adjusted EPS. The strong results were driven by robust demand for energy solutions and margin expansion from a favorable business mix. This follows a Q1 that already showed strong net income growth and the $74M Burton Energy Group acquisition, indicating sustained momentum. The stock, which closed at $74.13 on August 5, is likely to see a sharp positive reaction given the magnitude of the beat and guidance raise.
At the time of this announcement, WLDN was trading at $84.00 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $64.67 to $137.00. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.