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Centuri Reports Fourth Quarter and Fiscal Year 2024 Results, Introduces 2025 Outlook

1. CTRI's Q4 2024 revenue reached $717.1 million, signaling growth. 2. Adjusted net income per share increased to $0.21, suggesting strong performance.

Earnings
-10.7%Current Return
VS
-1.32%S&P 500
$18.7802/26 08:49 AM EDTEvent Start
$16.7702/27 03:44 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue and earnings per share have shown a positive trend, which can enhance investor confidence. Historically, companies reporting strong quarterly growth often experience price appreciation, as seen with similar firms in the utilities sector.

How important is it?

The earnings announcement directly impacts CTRI's stock valuation and reflects its operational efficiency, contributing to investor decisions.

Why Short Term?

The immediate effect of quarterly earnings often leads to price movements shortly after the announcement. Investors typically react quickly to strong earnings signals, which could lead to increased share demand.

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PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company") today announced financial and operating results for the fourth quarter, ended December 29, 2024, and introduced full year 2025 outlook. Fourth Quarter 2024 Financial Results Fourth quarter 2024 revenue of $717.1 million Net income attributable to common stock of $10.3 million (diluted earnings per share of $0.12) Adjusted Net Income of $18.4 million (adjusted diluted earnings per share of $0.21) Adjusted.

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