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

CECO Environmental

07/11/2022 14:32

* CECO Environmental Corp  CECO.OQ  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 11 cents per share.
    * Revenue rose 35.6% to $108.41 million from a year ago;
analysts
expected $95.23 million. 
    * CECO Environmental Corp's reported EPS for the quarter was
6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% 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 risen by 31.6% this
quarter and gained 87.0% so far this year.
    * The company reported quarterly net income of $1.94
million.
    * Wall Street's median 12-month price target for CECO
Environmental Corp is $14.00 
    * 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 Refinitiv data November
7 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.20           Beat
 Jun. 30 2022      0.09           0.18           Beat
 Mar. 31 2022      0.05           0.14           Beat
 Dec. 31 2021      0.08           0.10           Beat