Ceco Environmental Corp. Reports Results For The Quarter Ended June 30: Earnings Summary
CECO Environmental Corp. reports results for the quarter ended June 30 - Earnings Summary
CECO Environmental Corp. CECO.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of seven analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 15 cents to 49 cents per share.
Revenue rose 53.7% to $284.96 million from a year ago; analysts expected $282.22 million.
CECO Environmental Corp.'s reported EPS for the quarter was a loss of 80 cents.
The company reported a quarterly loss of $34.77 million.
CECO Environmental Corp. shares had fallen by 21.8% this quarter and gained 18.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 $110.00, about 35.5% above its last closing price of $70.92
This summary was machine generated from LSEG data August 10 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 2026 | 0.33 | 0.47 | Beat |
Mar. 31 2026 | 0.15 | 0.36 | Beat |
Dec. 31 2025 | 0.39 | 0.30 | Missed |
Sep. 30 2025 | 0.26 | 0.26 | Met |
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