Comfort Systems USA (FIX) Tops Q2 EPS by 4c

Comfort Systems USA (NYSE: FIX) reported Q2 EPS of $0.47, $0.04 better than the analyst estimate of $0.43. Revenue for the quarter came in at $427.54 million versus the consensus estimate of $447.05 million.

Brian Lane, Comfort Systems USA’s President and Chief Executive Officer, said, “Good industry conditions and skilled execution by our local operating teams led to continued improvement in all aspects of our business results during the second quarter. In market after market our employees set the industry standard for professionalism and competence.”

Mr. Lane continued, “As we have explained in our recent earnings calls, year-over-year revenue and backlog comparisons appear less robust as a result of an extraordinary bulge of activity last summer, including large simultaneous mobilizations on two data center jobs in the mid-Atlantic region. Our profits have increased despite that absence, and we believe that our backlog and prospects are consistent with continuing strong results in the coming quarters.”

For earnings history and earnings-related data on Comfort Systems USA (FIX) click here.

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