Comfort Systems USA (FIX) Set to Announce Quarterly Earnings on Thursday

Comfort Systems USA (NYSE:FIX) will post its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Comfort Systems USA to post earnings of $0.55 per share for the quarter.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, February 21st. The construction company reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.13). Comfort Systems USA had a net margin of 5.17% and a return on equity of 23.37%. The business had revenue of $588.36 million during the quarter, compared to the consensus estimate of $568.77 million. During the same period in the prior year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. On average, analysts expect Comfort Systems USA to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Comfort Systems USA stock opened at $57.59 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.31 and a quick ratio of 1.28. Comfort Systems USA has a 12-month low of $41.14 and a 12-month high of $59.83. The stock has a market capitalization of $2.13 billion, a P/E ratio of 19.20, a price-to-earnings-growth ratio of 1.72 and a beta of 1.34.

A number of research analysts recently issued reports on the company. Sidoti cut Comfort Systems USA from a “buy” rating to a “neutral” rating and set a $57.00 price target for the company. in a report on Tuesday, March 12th. DA Davidson lifted their price target on Comfort Systems USA from $55.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, February 25th. Finally, Zacks Investment Research raised Comfort Systems USA from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a report on Monday, January 28th.

In other Comfort Systems USA news, Director Alan Krusi sold 2,000 shares of the business’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $47.85, for a total transaction of $95,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Franklin Myers acquired 4,000 shares of the company’s stock in a transaction on Wednesday, February 27th. The shares were purchased at an average cost of $52.84 per share, with a total value of $211,360.00. Following the completion of the acquisition, the chairman now directly owns 235,000 shares in the company, valued at approximately $12,417,400. The disclosure for this purchase can be found here. Insiders have sold a total of 35,131 shares of company stock valued at $1,858,940 over the last three months. Company insiders own 3.23% of the company’s stock.

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About Comfort Systems USA

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

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Earnings History for Comfort Systems USA (NYSE:FIX)

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