This article first appeared on GuruFocus.

Limbach Holdings Inc (NASDAQ:LMB) is set to release its Q3 2025 earnings on Nov 4, 2025. The consensus estimate for Q3 2025 revenue is $184.48 million, and the earnings are expected to come in at $0.92 per share. The full year 2025's revenue is expected to be $660.42 million and the earnings are expected to be $3.49 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 1 Warning Sign with LMB.

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Over the past 90 days, revenue estimates for Limbach Holdings Inc (NASDAQ:LMB) have increased from $627.62 million to $660.42 million for the full year 2025 and from $682.27 million to $756.05 million for 2026. Earnings estimates have declined from $3.58 per share to $3.49 per share for 2025, while they have remained flat at $3.96 per share for 2026.

In the previous quarter ending on 2025-06-30, Limbach Holdings Inc's (NASDAQ:LMB) actual revenue was $142.24 million, which missed analysts' revenue expectations of $144.21 million by -1.37%. Limbach Holdings Inc's (NASDAQ:LMB) actual earnings were $0.64 per share, which beat analysts' earnings expectations of $0.63 per share by 2.40%. After releasing the results, Limbach Holdings Inc (NASDAQ:LMB) was down by -18.22% in one day.

Based on the one-year price targets offered by 4 analysts, the average target price for Limbach Holdings Inc (NASDAQ:LMB) is $133.75 with a high estimate of $156.00 and a low estimate of $120.00. The average target implies an upside of 41.61% from the current price of $94.45.

Based on GuruFocus estimates, the estimated GF Value for Limbach Holdings Inc (NASDAQ:LMB) in one year is $58.38, suggesting a downside of -38.19% from the current price of $94.45.

Based on the consensus recommendation from 4 brokerage firms, Limbach Holdings Inc's (NASDAQ:LMB) average brokerage recommendation is currently 1.8, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.