Ceco Environmental Corp Reports Results For The Quarter Ended In March: Earnings Summary

CECO Environmental

10/05/2022 16:01

* CECO Environmental Corp  CECE.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 28.6% to $92.44 million from a year ago; 
analysts
expected $82.83 million. 
    * CECO Environmental Corp's reported EPS for the quarter was
8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 41.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * CECO Environmental Corp shares had fallen by 22.6% this
quarter and lost 31.8% so far this year.
    * The company reported quarterly net income of $2.79
million.
    * Wall Street's median 12-month price target for CECO
Environmental Corp is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 03:00 p.m.  ​All
figures in US dollars unless otherwise stated