Ceco Environmental Corp Reports Results For The Quarter Ended June 30: Earnings Summary

CECO Environmental

29/07/2025 14:32

CECO Environmental Corp CECO.OQ reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 20 cents.  The mean expectation of six analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 12 cents to 27 cents per share.

Revenue rose 34.8% to $185.39 million from a year ago; analysts expected $178.66 million.

CECO Environmental Corp's reported EPS for the quarter was 26 cents​.

The company reported quarterly net income of $9.51 million.

CECO Environmental Corp shares had risen by 22.6% this quarter and gained 14.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for CECO Environmental Corp is $34.50, about 0.6% below its last closing price of $34.71

This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.18
0.24
Beat
Mar. 31 2025
0.09
0.10
Beat
Dec. 31 2024
0.26
0.27
Beat
Sep. 30 2024
0.19
0.14
Missed