<p>毫不意外，<strong>Centuri Holdings, Inc.</strong>（纽约证券交易所代码：CTRI）的股价因其健康的财报而表现强劲。然而，我们的分析表明，股东可能忽视了一些因素，这些因素表明财报结果并不像看起来那么好。</p>
<p>我们发现 21 只预计明年将支付超过 6% 股息收益率的美国股票。查看完整列表，免费获取。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086"/></p>
<p>纽约证券交易所：CTRI 盈利和收入历史 2025 年 11 月 15 日</p>
<p>要理解公司盈利增长的价值，必须考虑股东权益的稀释。Centuri Holdings 在过去一年中增加了 12% 的发行股份。这意味着其盈利在更多的股份之间分配。每股指标如每股收益（EPS）帮助我们理解实际股东从公司利润中获益多少，而净收入水平则让我们更好地了解公司的绝对规模。您可以点击这里查看 Centuri Holdings 的每股收益图表。</p>
<h2>稀释如何影响 Centuri Holdings 的每股收益（EPS）？</h2>
<p>三年前，Centuri Holdings 亏损。放大到过去一年，我们仍然无法清晰地谈论增长率，因为去年它也亏损。但抛开数学不谈，看到一个曾经亏损的企业变得盈利总是令人欣慰（尽管我们承认如果没有稀释，利润会更高）。因此，您可以清楚地看到稀释正在影响股东的收益。</p>
<p>如果 Centuri Holdings 的每股收益能够随着时间增长，那么这将大大提高股价朝同一方向移动的机会。然而，如果其利润增加而每股收益保持平稳（甚至下降），那么股东可能不会看到太多好处。因此，可以说在长期内，每股收益比净收入更为重要，假设目标是评估公司的股价是否可能增长。</p>
<p>这可能让您想知道分析师对未来盈利能力的预测。幸运的是，您可以点击这里查看基于他们估计的未来盈利能力的互动图表。</p>
<h2>我们对 Centuri Holdings 盈利表现的看法</h2>
<p>在过去一年中，Centuri Holdings 发行了新股，因此每股收益与净收入增长之间存在显著差异。因此，我们认为 Centuri Holdings 的真实潜在盈利能力实际上可能低于其法定利润。好消息是，尽管之前亏损，但它在过去十二个月中实现了盈利。本文的目标是评估我们在多大程度上可以依赖法定盈利来反映公司的潜力，但还有很多其他因素需要考虑。因此，如果您想更深入地了解这只股票，考虑它面临的任何风险至关重要。请注意，Centuri Holdings 在我们的投资分析中显示出 <strong>2 个警告信号</strong>，其中 1 个是显著的...</p>
<p>这篇文章仅关注了一个因素，揭示了 Centuri Holdings 盈利的性质。但如果您能够专注于细节，总会有更多的发现。例如，许多人认为高股本回报率是良好商业经济的标志，而其他人则喜欢 “追踪资金”，寻找内部人士正在购买的股票。虽然这可能需要您进行一些研究，但您可能会发现这份 <strong>免费</strong> 的高股本回报率公司集合，或这份内部持股显著的股票列表对您有帮助。</p>

CTRI

<p>Centuri Holdings（纽约证券交易所代码：CTRI）报告了强劲的收益，推动了其股价上涨。然而，股东稀释，股份增加了 12%，可能影响了真实的每股收益（EPS）。尽管近期盈利，但公司的潜在盈利能力可能比看起来要弱。投资者应考虑潜在风险，包括分析中识别出的两个警示信号</p>

<p>Unsurprisingly, <strong>Centuri Holdings, Inc.'s</strong> (NYSE:CTRI) stock price was strong on the back of its healthy earnings report. However, our analysis suggests that shareholders may be missing some factors that indicate the earnings result was not as good as it looked.</p>
<div class="lb-trans"><p>毫不意外，<strong>Centuri Holdings, Inc.</strong>（纽约证券交易所代码：CTRI）的股价因其健康的财报而表现强劲。然而，我们的分析表明，股东可能忽视了一些因素，这些因素表明财报结果并不像看起来那么好。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只预计明年将支付超过 6% 股息收益率的美国股票。查看完整列表，免费获取。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086" alt="" original-src="https://images.simplywall.st/asset/chart/311215774-earnings-and-revenue-history-1-dark-2/1763213599086"/></p>
<p>NYSE:CTRI Earnings and Revenue History November 15th 2025</p>
<div class="lb-trans"><p>纽约证券交易所：CTRI 盈利和收入历史 2025 年 11 月 15 日</p>
</div><p>To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. Centuri Holdings expanded the number of shares on issue by 12% over the last year. That means its earnings are split among a greater number of shares. Per share metrics like EPS help us understand how much actual shareholders are benefitting from the company's profits, while the net income level gives us a better view of the company's absolute size. You can see a chart of Centuri Holdings' EPS by clicking here.</p>
<div class="lb-trans"><p>要理解公司盈利增长的价值，必须考虑股东权益的稀释。Centuri Holdings 在过去一年中增加了 12% 的发行股份。这意味着其盈利在更多的股份之间分配。每股指标如每股收益（EPS）帮助我们理解实际股东从公司利润中获益多少，而净收入水平则让我们更好地了解公司的绝对规模。您可以点击这里查看 Centuri Holdings 的每股收益图表。</p>
</div><h2>How Is Dilution Impacting Centuri Holdings' Earnings Per Share (EPS)?</h2>
<div class="lb-trans"><h2>稀释如何影响 Centuri Holdings 的每股收益（EPS）？</h2>
</div><p>Three years ago, Centuri Holdings lost money. Zooming in to the last year, we still can't talk about growth rates coherently, since it made a loss last year. But mathematics aside, it is always good to see when a formerly unprofitable business come good (though we accept profit would have been higher if dilution had not been required). And so, you can see quite clearly that dilution is influencing shareholder earnings.</p>
<div class="lb-trans"><p>三年前，Centuri Holdings 亏损。放大到过去一年，我们仍然无法清晰地谈论增长率，因为去年它也亏损。但抛开数学不谈，看到一个曾经亏损的企业变得盈利总是令人欣慰（尽管我们承认如果没有稀释，利润会更高）。因此，您可以清楚地看到稀释正在影响股东的收益。</p>
</div><p>If Centuri Holdings' EPS can grow over time then that drastically improves the chances of the share price moving in the same direction. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow.</p>
<div class="lb-trans"><p>如果 Centuri Holdings 的每股收益能够随着时间增长，那么这将大大提高股价朝同一方向移动的机会。然而，如果其利润增加而每股收益保持平稳（甚至下降），那么股东可能不会看到太多好处。因此，可以说在长期内，每股收益比净收入更为重要，假设目标是评估公司的股价是否可能增长。</p>
</div><p>That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.</p>
<div class="lb-trans"><p>这可能让您想知道分析师对未来盈利能力的预测。幸运的是，您可以点击这里查看基于他们估计的未来盈利能力的互动图表。</p>
</div><h2>Our Take On Centuri Holdings' Profit Performance</h2>
<div class="lb-trans"><h2>我们对 Centuri Holdings 盈利表现的看法</h2>
</div><p>Over the last year Centuri Holdings issued new shares and so, there's a noteworthy divergence between EPS and net income growth. Therefore, it seems possible to us that Centuri Holdings' true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Be aware that Centuri Holdings is showing <strong>2 warning signs in our investment analysis</strong> and 1 of those is significant...</p>
<div class="lb-trans"><p>在过去一年中，Centuri Holdings 发行了新股，因此每股收益与净收入增长之间存在显著差异。因此，我们认为 Centuri Holdings 的真实潜在盈利能力实际上可能低于其法定利润。好消息是，尽管之前亏损，但它在过去十二个月中实现了盈利。本文的目标是评估我们在多大程度上可以依赖法定盈利来反映公司的潜力，但还有很多其他因素需要考虑。因此，如果您想更深入地了解这只股票，考虑它面临的任何风险至关重要。请注意，Centuri Holdings 在我们的投资分析中显示出 <strong>2 个警告信号</strong>，其中 1 个是显著的...</p>
</div><p>This note has only looked at a single factor that sheds light on the nature of Centuri Holdings' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this <strong>free</strong> collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.</p>
<div class="lb-trans"><p>这篇文章仅关注了一个因素，揭示了 Centuri Holdings 盈利的性质。但如果您能够专注于细节，总会有更多的发现。例如，许多人认为高股本回报率是良好商业经济的标志，而其他人则喜欢 “追踪资金”，寻找内部人士正在购买的股票。虽然这可能需要您进行一些研究，但您可能会发现这份 <strong>免费</strong> 的高股本回报率公司集合，或这份内部持股显著的股票列表对您有帮助。</p>
</div>

Centuri Holdings（NYSE:CTRI）的可观收益可能建立在脆弱的基础上