JFB Construction Holdings (NASDAQ:JFB) has significantly raised its financial outlook, announcing today that it expects fourth-quarter 2025 revenues to skyrocket by 119% compared to the same period last year.
The updated guidance marks a dramatic increase from the 20% growth forecast issued earlier this month, as the company capitalizes on a record project backlog and a successful $44 million capital raise.
The primary engine behind this growth is the execution of an $18.9 million contract for the first phase of a new public high school in DeSoto County, Florida.
The project, which spans 40 acres and will eventually accommodate nearly 1,400 students, carries a total estimated contract value of $100 million upon final completion.
JFB has already secured an $18.9 million bond to serve as the general contractor for Phase 1, with construction currently underway and slated for completion in January 2026.
Beyond its entry into public education, JFB is maintaining high operational momentum in the residential and hospitality sectors.
Vertical construction is moving at pace on 79 luxury townhouses at "The Preserve at Port Salerno" in Florida, a project originally valued at $21 million.