Comfort Systems USA, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Comfort Systems USA, Inc. FIX.N reported quarterly adjusted earnings of $13.91​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $8.25. The mean expectation of ten analysts for the quarter was for earnings of $12.87 per share. Wall Street expected results to range from $12.13 to $14.13 per share.

• Revenue rose 53.7% to $3.77 billion from a year ago; analysts expected $3.40 billion.

• Comfort Systems USA, Inc.'s reported EPS for the quarter was $13.91​.

• The company reported quarterly net income of $489.04 million.

• Comfort Systems USA, Inc. shares had fallen by 15.3% this quarter and gained 50.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 16.6% 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 11 "strong buy" or "buy," 1 "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 $2,148.50, about 40.5% above its last closing price of $1,279.37

This summary was machine generated from LSEG data October 22 at 09:00 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)