Earnings Alerts

Comfort Systems USA (FIX) Earnings Exceed Estimates: Revealing 1Q EPS and Revenue Growth

  • Comfort Systems USA’s Earnings Per Share (EPS) for the first quarter beat estimates by reaching $2.69. This is a significant increase compared to the same period last year, when the EPS was $1.59.
  • The estimated EPS for this period was predicted to be $2.16, considering two analyses. Yet, the company managed to exceed this estimation.
  • Revenue for Comfort Systems USA experienced a yearly growth of 31%, equating to $1.54 billion. This was more than the forecasted $1.48 billion.
  • The company has had two purchases, three holds, but zero sells to date.

Comfort Systems Usa on Smartkarma

Analyst coverage of Comfort Systems USA on Smartkarma highlights a positive outlook from Baptista Research. The report, titled “Comfort Systems USA: Initiation Of Coverage – Recent Acquisitions & 4 Major Factors Driving Growth!“, commends the company on achieving decent results throughout 2023. With strong growth, earnings, and cash flow, Comfort Systems USA reported quarterly revenue of $1.4 billion and same-store growth of 18%. Both the mechanical and electrical businesses of the company showed growth and improved margins, contributing to the record success of the year.


A look at Comfort Systems Usa Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Comfort Systems USA, Inc. garners a mixed bag of Smartkarma Smart Scores, indicating a varied long-term outlook for the company. While showing robust momentum with a high score of 5, signaling strong performance trends, it scores slightly lower in other areas. Growth is promising with a score of 4, highlighting potential expansion opportunities, while resilience sits at a respectable 3. However, the company lags behind in terms of value and dividends, each scoring a 2. Overall, Comfort Systems USA’s future prospects seem promising with a strong emphasis on growth and momentum.

Specializing in heating, ventilation, and air conditioning services for commercial and industrial clients, Comfort Systems USA, Inc. caters to a diverse market encompassing office buildings, retail centers, manufacturing plants, and government facilities. With a focus on installation, maintenance, repair, and replacement services, the company plays a crucial role in ensuring the efficient functioning of these essential systems for various sectors. The mix of Smart Scores suggests a company positioned for growth and competitiveness in its sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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