Centuri (CTRI) Q2 Revenue Jumps 8%
Centuri (NYSE:CTRI), a major North American utility infrastructure services provider, reported its fiscal second quarter 2025 results on August 6, 2025. The headline news was strong revenue, which rose to $724.1 million (GAAP) for Q2 FY2025—beating the $702.3 million GAAP consensus estimate—with significant gains in commercial bookings and backlog. However, the company missed profitability expectations on a non-GAAP basis. Adjusted earnings per share came in at $0.19, lower than the $0.225 analyst estimate (non-GAAP) and down from $0.20 in Q2 FY2024 (Adjusted Diluted Earnings per Share). The quarter reflected robust top-line growth and commercial execution, but was offset by higher costs and margin pressure, resulting in non-GAAP earnings below consensus.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Centuri operates as a strategic partner for regulated utilities, delivering vital gas and electric utility infrastructure services across North America. It serves over 400 customers, primarily through long-term master service agreements—these contracts provide revenue stability and constitute about 80% of total sales for FY2024.
Source Fool.com
