Comfort Systems USA Inc reports results for the quarter ended in December - Earnings Summary

Comfort Systems Usa

23/02/2024 03:09

* Comfort Systems USA Inc  FIX.N  reported quarterly
adjusted
earnings of $2.55​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $1.54.  The mean expectation of five analysts
for the quarter was for earnings of $2.20 per share. Wall Street
expected results to range from $2.15  to $2.27 per share.
    * Revenue rose 21.5% to $1.36 billion from a year ago;
analysts
expected $1.33 billion. 
    * Comfort Systems USA Inc's reported EPS for the quarter was
$2.55​.
    * The company reported quarterly net income of $91.58
million.
    * Comfort Systems USA Inc shares had risen by 17.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Comfort Systems
USA Inc is $227.50 
This summary was machine generated from LSEG data February 23 at
03:09 a.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
 Dec. 31 2023      2.20           2.55           Beat
 Sep. 30 2023      2.15           2.74           Beat
 Jun. 30 2023      1.60           1.93           Beat
 Mar. 31 2023      1.06           1.51           Beat