In May 2026, Limbach Holdings management assured investors that the company remained on track to meet its full-year Adjusted EBITDA goals of $90 million to $94 million. CEO Michael McCann reinforced this outlook during an earnings call, stating the firm was comfortable with existing market consensus. However, the narrative shifted significantly on August 4, when the company reported second-quarter results that fell well below expectations and reduced its full-year guidance to a range of $78 million to $84 million.

Attributing the shift to project timing and price sensitivity, Limbach saw its stock value decline immediately following the announcement. The law firm Levi & Korsinsky, operating under the SueWallSt banner, has launched an investigation into whether the company’s earlier financial projections constituted misleading statements. Legal representatives are currently evaluating claims from shareholders who purchased Limbach stock during the period when the higher guidance was in effect and subsequently suffered financial losses.