Concrete Pumping (BBCP) Moves 6.1% Higher: Will This Strength Last?

Concrete Pumping (BBCP) shares ended the last trading session 6.1% higher at $7.85. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.8% gain over the past four weeks.The stock is benefiting from the company's innovative network intelligence and security solutions, driving demand as businesses prioritize cybersecurity and efficient data management.This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of -200%. Revenues are expected to be $89.7 million, down 8.2% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Concrete Pumping, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BBCP going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Concrete Pumping belongs to the Zacks Waste Removal Services industry. Another stock from the same industry, Waste Connections (WCN), closed the last trading session 1.1% higher at $176.69. Over the past month, WCN has returned -2.9%.Waste Connections' consensus EPS estimate for the upcoming report has changed -0.1% over the past month to $1.21. Compared to the company's year-ago EPS, this represents a change of +9%. Waste Connections currently boasts a Zacks Rank of #3 (Hold).Free: 5 Stocks to Buy As Infrastructure Spending SoarsTrillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.In, you’ll discover 5 surprising stocks positioned to profit the most from the spending spree that’s just getting started in this space.Download How to Profit from the Trillion-Dollar Infrastructure Boom absolutely free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CONCRETE PUMPING HOLDINGS, INC. (BBCP): Free Stock Analysis Report Waste Connections, Inc. (WCN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks