Ameresco Q4 adjusted EPS beats estimates

Ameresco

02/03/2026 21:18

Overview

Energy infrastructure provider's Q4 revenue rose 9% yr/yr, achieving record quarterly results

Adjusted EPS for Q4 beat analyst expectations

Adjusted EBITDA for Q4 slightly missed estimates

Outlook

Ameresco guides 2026 revenue between $2.0 bln and $2.2 bln

Company expects 2026 adjusted EBITDA between $270 mln and $295 mln

Result Drivers

PROJECT EXECUTION - Record quarterly revenue driven by focus on project execution and backlog conversion

ENERGY ASSET EXPANSION - Energy Asset revenue grew 5% due to expansion of operating asset portfolio

BACKLOG GROWTH - Awarded project backlog increased 13%, signaling strong customer demand

Company press release: ID:nBw4R32mTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$0.39
$0.31 (11 Analysts)
Q4 EPS
$0.34
Q4 Net Income
$18.40 mln
Q4 Adjusted EBITDA
Slight Miss*
$70 mln
$70.30 mln (10 Analysts)
Q4 Gross Margin
16.20%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the renewable energy equipment & services peer group is "buy"

Wall Street's median 12-month price target for Ameresco Inc is $44.00, about 44.5% above its February 27 closing price of $30.46

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 30 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)