Shares of IES Holdings surged 31.56% in Friday morning trading, climbing $180.40 to $751.94, after the Houston-based electrical and technology systems company reported fiscal third-quarter results that far exceeded Wall Street expectations and announced a two-for-one stock split.

The company reported revenue of $1.2427 billion for the quarter ended June 30, well above the consensus analyst estimate of $1.1016 billion, according to ChartMill. Adjusted earnings per share came in at $6.70, sharply topping the $4.93 per share analysts had projected, marking a rare and substantial earnings surprise for the company. Net income attributable to IES totaled $153.0 million for the quarter, an increase of 98% compared with $77.2 million during the same period a year earlier.

IES President and Chief Executive Officer Matt Simmes attributed the results to broad-based growth across the company's operations. "For the third quarter of fiscal 2026, we delivered a 40% increase in revenue and a 60% increase in operating income compared with the third quarter of fiscal 2025," Simmes said in the company's earnings release.

Alongside the earnings report, IES's board of directors approved a two-for-one stock split, to be paid in the form of a stock dividend, the company announced. Shareholders of record as of the close of trading on August 14........

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