Equity Profile

CTRI

Centuri Holdings, Inc.

IndustrialsConstruction & Engineering$3.1B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Centuri Holdings, Inc. is a construction and engineering company operating in the industrial sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its operations and capture market share, which is essential for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CTRI Q2-2026 Earnings Preview

Context

Company Snapshot

Centuri Holdings, Inc. is a construction and engineering company operating in the industrial sector. With a market cap of $3 billion, it plays a crucial role in infrastructure development, which is vital for economic growth and modernization efforts.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+5.79%

Avg Stock Reaction

-3.90%

Last Quarter Recap

In Q1 2026, Centuri reported an EPS of -$0.02, outperforming expectations of -$0.07. The stock reacted positively, gaining 0.53% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Centuri's upcoming earnings, given the company's recent performance. However, the lack of analyst estimates leaves uncertainty about specific expectations.

Bull Case

If Centuri can demonstrate strong revenue growth and improved profitability, it could signal a turnaround and attract more investor interest.

Bear Case

Conversely, if the company fails to meet expectations or shows continued losses, it could lead to a decline in investor confidence and stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth for the upcoming quarter?

Revenue growth is crucial for assessing the company's ability to sustain operations and attract investment.

How does the current project backlog compare to previous quarters?

A healthy project backlog is essential for future revenue and indicates the company's operational strength.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Centuri's potential for revenue growth given recent infrastructure spending trends, which could positively impact the company's performance.

Supporting Evidence

Options are pricing a 23.23% move, suggesting significant volatility that may not align with historical performance.

The company's recent EPS surprise of +69.23% indicates a potential for continued positive momentum.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to demonstrate growth and operational stability.

Bull Confirmed If

Revenue growth of 10% or more compared to the previous quarter would confirm the bull case.

Bear Confirmed If

A decline in project backlog or negative revenue growth would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.23%

Historical Avg

±6.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±23.2% while CTRI has averaged ±6.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

79.0%

Calls (13K)P/C Ratio: 3.39Puts (300)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Centuri beats expectations, history suggests the stock could rise by an average of 6.87%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of around 2.79%, which could raise concerns about its future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new project wins or contracts that could boost revenue.
2Insights into cost management strategies and their impact on profitability.
3Comments on market conditions and demand for construction services.
4Details on the project backlog and its implications for future revenue.
5Management's outlook on industry trends and competitive positioning.

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Company Snapshot

Centuri Holdings, Inc. is a construction and engineering company operating in the industrial sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its operations and capture market share, which is essential for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CTRI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+5.79%

Avg Stock Reaction

-3.90%

Last Quarter Recap

In Q1 2026, Centuri reported an EPS of -$0.02, outperforming expectations of -$0.07. The stock reacted positively, gaining 0.53% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Centuri's upcoming earnings, given the company's recent performance. However, the lack of analyst estimates leaves uncertainty about specific expectations.

Bull Case

If Centuri can demonstrate strong revenue growth and improved profitability, it could signal a turnaround and attract more investor interest.

Bear Case

Conversely, if the company fails to meet expectations or shows continued losses, it could lead to a decline in investor confidence and stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth for the upcoming quarter?

Revenue growth is crucial for assessing the company's ability to sustain operations and attract investment.

How does the current project backlog compare to previous quarters?

A healthy project backlog is essential for future revenue and indicates the company's operational strength.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Centuri's potential for revenue growth given recent infrastructure spending trends, which could positively impact the company's performance.

Supporting Evidence

Options are pricing a 23.23% move, suggesting significant volatility that may not align with historical performance.

The company's recent EPS surprise of +69.23% indicates a potential for continued positive momentum.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to demonstrate growth and operational stability.

Bull Confirmed If

Revenue growth of 10% or more compared to the previous quarter would confirm the bull case.

Bear Confirmed If

A decline in project backlog or negative revenue growth would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.23%

Historical Avg

±6.9%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings report.

Options are pricing ±23.2% while CTRI has averaged ±6.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.7%

30d HV

79.0%

Calls (13K)P/C Ratio: 3.39Puts (300)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Centuri beats expectations, history suggests the stock could rise by an average of 6.87%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

If the company misses expectations, history suggests a potential decline of around 2.79%, which could raise concerns about its future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new project wins or contracts that could boost revenue.
2Insights into cost management strategies and their impact on profitability.
3Comments on market conditions and demand for construction services.
4Details on the project backlog and its implications for future revenue.
5Management's outlook on industry trends and competitive positioning.