Custom Truck One Source Announces Q3 EPS of 3 Cents, Exceeding Consensus of 2 Cents
Q3 Financial Performance: The company reported Q3 revenue of $482.1 million, slightly below the consensus estimate of $492.4 million, but achieved an 8% year-over-year revenue growth and a 20% increase in adjusted EBITDA.
Growth in ERS Segment: The ERS segment experienced significant growth, with average OEC on rent increasing by $180 million compared to the previous year, and utilization rates reaching over 79%, the highest in over two years.
Strong Demand for Vocational Vehicles: There was a 6% increase in revenue from the TES segment compared to last year, with signed orders up 30% year-over-year, indicating robust demand for vocational vehicles.
Positive Outlook: The CEO expressed confidence in the company's positioning to benefit from increased spending on utility grid upgrades and electrification investments, reaffirming guidance for consolidated revenue and adjusted EBITDA for 2025.
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HIAB Partners with Custom Truck to Expand U.S. Distribution Network
- Strategic Partnership: HIAB has signed a strategic dealer agreement with Custom Truck, significantly expanding the distribution and service network for HIAB loader cranes and MOFFETT forklifts across 12 key states, with a focus on the Western U.S.
- Market Coverage Enhancement: This partnership enables HIAB to achieve near-complete coverage of the U.S. market for loader cranes, particularly in high-demand states like California and Washington, ensuring customers receive top-notch product support.
- Service Capability Boost: With Custom Truck operating in over 40 locations across North America and providing 24/7 service support, HIAB enhances its presence in the high-volume New York market, thereby improving customer service capabilities.
- Growth Potential: HIAB's continuing operations sales totaled approximately €1.6 billion in 2024, and this partnership is expected to further drive growth in the North American market, addressing the rising demand for smart, high-performance loader cranes.
Custom Truck One Source, Inc. Reports Reduced Losses in Q3
Quarterly Loss: Custom Truck One Source, Inc. reported a loss of -$5.76 million for the third quarter, an improvement from -$17.42 million in the same period last year.
Earnings Per Share: The company's earnings per share (EPS) were -$0.03, compared to -$0.07 in the previous year.
Revenue Growth: Revenue increased by 7.8% to $482.06 million, up from $447.22 million year-over-year.
Full Year Guidance: The company provided a full year revenue guidance of $1,970 - $2,060 million.
Custom Truck One Source (CTOS) Releases Q3 Earnings: Insights from Key Metrics
Quarterly Performance: Custom Truck One Source, Inc. reported a revenue of $482.06 million for Q3 2025, a 7.8% increase year-over-year, but fell short of the Zacks Consensus Estimate of $486.77 million.
Earnings Per Share: The company's EPS was -$0.03, an improvement from -$0.07 in the same quarter last year, but did not meet the consensus estimate.
Investor Insights: Key metrics beyond headline numbers are crucial for investors to assess the company's underlying performance and make informed decisions regarding stock price projections.
AI Investment Opportunities: The article suggests that lesser-known AI firms addressing significant global challenges may offer more lucrative investment opportunities compared to well-known stocks in the sector.
Custom Truck One Source and Load King Manufacturing Introduce Latest Equipment at Utility Expo 2025
New Equipment Showcase: Custom Truck One Source and Load King Manufacturing introduced innovative equipment at Utility Expo 2025, including the Outback Series of tracked easement machines, the Voyager® AMX service truck, and the PalGal Loader/Cable Rolloff, all designed for enhanced performance in challenging environments.
Electrification Leadership: The company unveiled an all-electric bucket truck, the Terex Optima TC55 on a Peterbilt 220EV chassis, showcasing their commitment to zero-emissions solutions and advanced hydraulic power systems for aerial operations.
Custom Truck One Source to Attend the 24th Annual D.A. Davidson Diversified Industrials & Services Conference
Investor Presentation Announcement: Custom Truck One Source, Inc. will have CEO Ryan McMonagle and CFO Chris Eperjesy present at the 24th Annual D.A. Davidson Diversified Industrials & Services Conference on September 18, 2025, in Nashville, Tennessee, with a live audio webcast available.
Company Overview: Custom Truck One Source is a leading provider of specialty equipment and services for the electric utility, telecommunications, and rail markets in North America, featuring a rental fleet of over 10,000 units for critical infrastructure maintenance and installation.
Nvidia Set to Surge Over 22%? Check Out 10 Leading Analyst Predictions for Wednesday
Analyst Upgrades and Downgrades: B of A Securities raised the price target for Keysight Technologies, while JP Morgan downgraded Custom Truck One Source and Kroger, indicating a mixed outlook among analysts.
Price Target Changes: Other notable changes include BMO Capital increasing Allstate's target, Guggenheim boosting Nexstar Media's target, and Baird cutting James Hardie's target.
Stock Performance: The article highlights the closing prices of various stocks, with Nvidia showing a positive outlook as Keybanc raised its target significantly.
Investment Opportunities: The piece also mentions trending investment opportunities and tools for investors, emphasizing the importance of staying informed on stock ratings and market trends.
HIAB Partners with Custom Truck to Expand U.S. Distribution Network
- Strategic Partnership: HIAB has signed a strategic dealer agreement with Custom Truck, significantly expanding the distribution and service network for HIAB loader cranes and MOFFETT forklifts across 12 key states, with a focus on the Western U.S.
- Market Coverage Enhancement: This partnership enables HIAB to achieve near-complete coverage of the U.S. market for loader cranes, particularly in high-demand states like California and Washington, ensuring customers receive top-notch product support.
- Service Capability Boost: With Custom Truck operating in over 40 locations across North America and providing 24/7 service support, HIAB enhances its presence in the high-volume New York market, thereby improving customer service capabilities.
- Growth Potential: HIAB's continuing operations sales totaled approximately €1.6 billion in 2024, and this partnership is expected to further drive growth in the North American market, addressing the rising demand for smart, high-performance loader cranes.
Custom Truck One Source, Inc. Reports Reduced Losses in Q3
Quarterly Loss: Custom Truck One Source, Inc. reported a loss of -$5.76 million for the third quarter, an improvement from -$17.42 million in the same period last year.
Earnings Per Share: The company's earnings per share (EPS) were -$0.03, compared to -$0.07 in the previous year.
Revenue Growth: Revenue increased by 7.8% to $482.06 million, up from $447.22 million year-over-year.
Full Year Guidance: The company provided a full year revenue guidance of $1,970 - $2,060 million.
Custom Truck One Source (CTOS) Releases Q3 Earnings: Insights from Key Metrics
Quarterly Performance: Custom Truck One Source, Inc. reported a revenue of $482.06 million for Q3 2025, a 7.8% increase year-over-year, but fell short of the Zacks Consensus Estimate of $486.77 million.
Earnings Per Share: The company's EPS was -$0.03, an improvement from -$0.07 in the same quarter last year, but did not meet the consensus estimate.
Investor Insights: Key metrics beyond headline numbers are crucial for investors to assess the company's underlying performance and make informed decisions regarding stock price projections.
AI Investment Opportunities: The article suggests that lesser-known AI firms addressing significant global challenges may offer more lucrative investment opportunities compared to well-known stocks in the sector.
Custom Truck One Source and Load King Manufacturing Introduce Latest Equipment at Utility Expo 2025
New Equipment Showcase: Custom Truck One Source and Load King Manufacturing introduced innovative equipment at Utility Expo 2025, including the Outback Series of tracked easement machines, the Voyager® AMX service truck, and the PalGal Loader/Cable Rolloff, all designed for enhanced performance in challenging environments.
Electrification Leadership: The company unveiled an all-electric bucket truck, the Terex Optima TC55 on a Peterbilt 220EV chassis, showcasing their commitment to zero-emissions solutions and advanced hydraulic power systems for aerial operations.
Custom Truck One Source to Attend the 24th Annual D.A. Davidson Diversified Industrials & Services Conference
Investor Presentation Announcement: Custom Truck One Source, Inc. will have CEO Ryan McMonagle and CFO Chris Eperjesy present at the 24th Annual D.A. Davidson Diversified Industrials & Services Conference on September 18, 2025, in Nashville, Tennessee, with a live audio webcast available.
Company Overview: Custom Truck One Source is a leading provider of specialty equipment and services for the electric utility, telecommunications, and rail markets in North America, featuring a rental fleet of over 10,000 units for critical infrastructure maintenance and installation.
Nvidia Set to Surge Over 22%? Check Out 10 Leading Analyst Predictions for Wednesday
Analyst Upgrades and Downgrades: B of A Securities raised the price target for Keysight Technologies, while JP Morgan downgraded Custom Truck One Source and Kroger, indicating a mixed outlook among analysts.
Price Target Changes: Other notable changes include BMO Capital increasing Allstate's target, Guggenheim boosting Nexstar Media's target, and Baird cutting James Hardie's target.
Stock Performance: The article highlights the closing prices of various stocks, with Nvidia showing a positive outlook as Keybanc raised its target significantly.
Investment Opportunities: The piece also mentions trending investment opportunities and tools for investors, emphasizing the importance of staying informed on stock ratings and market trends.
