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Update: SOLV Energy Shares Rise After Fiscal Q2 Beat

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(Updates with the company's latest stock move in the headline and first paragraph.)

SOLV Energy (MWH) shares were up over 9% in Thursday trading after the company reported better-than-expected Q2 results and raised its guidance for the full-year.

The company posted quarterly net income of $66.8 million, up from $44.6 million a year earlier.

Two analysts polled by FactSet expected $41.5 million.

Revenue for the quarter ended June 30 was $951.2 million, up from $536.0 million a year earlier.

Analysts expected $723.1 million.

The company updated its full-year 2026 revenue guidance of about $3.87 billion to $3.97 compared with prior outlook of $3.72 billion to $3.82 billion. Analysts expect $3.79 billion.

Price: $32.85, Change: $+2.76, Percent Change: +9.17%

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