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

Comfort Systems Usa

26/04/2024 01:07

* Comfort Systems USA Inc  FIX.N  reported quarterly
adjusted
earnings of $2.69​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $1.51.  The mean expectation of five analysts
for the quarter was for earnings of $2.01 per share. Wall Street
expected results to range from $1.77  to $2.26 per share.
    * Revenue rose 30.8% to $1.54 billion from a year ago;
analysts
expected $1.48 billion. 
    * Comfort Systems USA Inc's reported EPS for the quarter was
$2.69​.
    * The company reported quarterly net income of $96.32
million.
    * Comfort Systems USA Inc shares had fallen by 2.8% this
quarter and gained 50.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.8%
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 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 $323.50 
This summary was machine generated from LSEG data April 26 at
12:07 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
 Mar. 31 2024      2.01           2.69           Beat
 Dec. 31 2023      2.20           2.55           Beat
 Sep. 30 2023      2.15           2.74           Beat
 Jun. 30 2023      1.60           1.93           Beat