BOYD GROUP SERVICES INC.

Boyd Group reported Q2 2026 revenue of $1.013 billion (+30%) and adjusted EPS of $0.80, missing the consensus expectation of $0.99. Adjusted EBITDA rose 45% to $135.9 million, the EBITDA margin improved to 13.4% and the gross margin climbed to 47.4%. The company raised its 2026 synergy target from $20 million to $35 million but recorded higher depreciation and financing costs that weighed on net income. The stock reacted moderately positively as investors priced in margin improvement and integration progress despite the EPS miss. » Altro su de.investing.com

Boyd Group reported Q1 2026 earnings per share of CAD 0.58 (forecast CAD 0.66) and revenue of CAD 996.7 million (forecast CAD 1.01 billion). Despite the misses, the company achieved record revenue and adjusted record EBITDA, driven by the acquisition of Joe Hudson’s, new locations and cost reductions under Project 360. The stock rose 5.68% in premarket trading as investors bet on the strategic initiatives and further market share gains. Boyd Group reiterated a positive outlook but warned of integration risks, fluctuations in claims volumes and macroeconomic headwinds. » Altro su de.investing.com

For the quarter ended March 31, 2026, Boyd Group reported record revenue of USD 996.7 million and adjusted EBITDA of USD 122.4 million. Revenue rose 28.1% and adjusted EBITDA increased 51.9%, with the adjusted EBITDA margin improving to 12.3%. The company expanded its service-shop network by 269 locations, reduced pro-forma leverage to 2.9x and realized over USD 20 million in cost savings from Project 360 and the Joe Hudson’s acquisition. It recorded a net loss of USD 7.9 million that included acquisition- and transformation-related costs, while adjusted net income increased to USD 16.1 million. » Altro su de.investing.com