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

CECO Environmental

09/05/2023 14:32

* CECO Environmental Corp  CECO.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 21.8% to $112.56 million from a year ago;
analysts
expected $106.53 million. 
    * CECO Environmental Corp's reported EPS for the quarter was
6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.9%
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 13.4% this
quarter and gained 3.7% so far this year.
    * The company reported quarterly net income of $1.49
million.
    * Wall Street's median 12-month price target for CECO
Environmental Corp is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.09           0.10           Beat
 Dec. 31 2022      0.16           0.21           Beat
 Sep. 30 2022      0.11           0.20           Beat
 Jun. 30 2022      0.09           0.18           Beat