Higher interest rates are putting pressure on industrial activity and construction, softening demand for concrete. That could explain why shares of Concrete Pumping Holdings (NASDAQ: BBCP), one of the ...
Concrete Pumping delivered an unexpected quarterly loss and lowered full-year expectations. The company is facing a slowdown in construction due to macro headwinds and bad weather. There is balance ...
Economic headwinds and bad weather conspired to cut construction activity, which in turn ate into results at Concrete Pumping Holdings (NASDAQ: BBCP). Shares of the multinational concrete provider ...
Concrete Pumping missed quarterly estimates due to commercial projects being on hold because of high interest rates. The company also experienced seasonal weather delays. There is a lot of long-term ...
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