Custom Truck One Source (NYSE:CTOS) Issues Earnings Results

Custom Truck One Source (NYSE:CTOS) announced its earnings results on Monday. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01, FiscalAI reports. The business had revenue of $495.22 million during the quarter, compared to analyst estimates of $516.51 million. Custom Truck One Source had a net margin of 1.05% and a return on equity of 2.66%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) EPS.

Custom Truck One Source Stock Performance

Shares of CTOS opened at $9.04 on Tuesday. The business has a 50-day simple moving average of $9.36 and a two-hundred day simple moving average of $8.74. The company has a quick ratio of 0.29, a current ratio of 1.34 and a debt-to-equity ratio of 2.03. Custom Truck One Source has a 52 week low of $5.18 and a 52 week high of $12.23. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 100.50 and a beta of 1.43.

Wall Street Analyst Weigh In

CTOS has been the topic of several recent research reports. Weiss Ratings upgraded shares of Custom Truck One Source from a “sell (d-)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. DA Davidson reissued a “buy” rating and issued a $13.00 price objective on shares of Custom Truck One Source in a report on Tuesday, September 15th. Cantor Fitzgerald boosted their target price on shares of Custom Truck One Source from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Oppenheimer upped their target price on shares of Custom Truck One Source from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Zacks Research cut shares of Custom Truck One Source from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Custom Truck One Source currently has a consensus rating of “Hold” and an average target price of $12.00.

More Custom Truck One Source News

Here are the key news stories impacting Custom Truck One Source this week:

• Positive Sentiment: CTOS reported record third-quarter results and raised its full-year 2026 adjusted EBITDA and specialty equipment rental (SER) revenue guidance, signaling confidence in demand and operating performance. Custom Truck One Source Reports Record Third Quarter 2026 Results and Increases Guidance
• Positive Sentiment: Revenue increased 2.7% year over year to $495.2 million, while rental revenue climbed 20.1%. Gross profit rose 12.4% to $113.3 million and operating profit grew 16.7% to $38.1 million, indicating margin improvement despite limited sales growth. Custom Truck One Source Q3 2026 Earnings
• Positive Sentiment: Adjusted earnings were $0.01 per share, matching expectations and improving from a $0.03-per-share loss a year earlier. Operating cash flow more than doubled to $163.5 million, supporting the company’s liquidity and investment needs. Custom Truck One Source Matches Q3 Earnings Estimates
• Neutral Sentiment: Management attributed some performance pressure to weather, while the strong rental business helped offset the impact. This creates a more constructive recurring-revenue trend but highlights uneven demand across the business. Rental Surge Masks a Weather Hit
• Negative Sentiment: Quarterly revenue of $495.2 million fell short of analyst expectations near $516.5 million to $526.8 million. The miss is likely the main reason for the negative investor reaction, particularly because revenue growth remained modest. CTOS Reports Q3 Revenue Below Estimate
• Negative Sentiment: Net income attributable to common shareholders was only $2.3 million, with a 1.05% net margin. CTOS also reported approximately $2.8 billion in total liabilities and spent $173.5 million on capital expenditures, underscoring leverage and cash-investment risks. Custom Truck One Source Q3 2026 Earnings Analysis

Custom Truck One Source Company Profile

Custom Truck One Source, Inc is a specialty equipment provider serving the utility, telecommunications, rail, and related infrastructure industries. The company sells, rents, leases, and services new and used trucks and equipment, including aerial devices, cranes, digger derricks, bucket trucks, service trucks, trailers, and other specialized vehicles.

Through its parts and service operations, Custom Truck One Source provides replacement parts, maintenance, repair, refurbishment, and field support for specialty equipment.