Ameresco (AMRC) Tops Q1 EPS by 11c; Approves $10M Stock Buyback

May 5, 2016 7:54 AM EDT

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Ameresco (NYSE: AMRC) reported Q1 EPS of $0.03, $0.11 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $133.8 million versus the consensus estimate of $127.25 million.

Ameresco's Board of Directors has authorized the repurchase of up to $10 million of the Company's Class A common stock from time to time on the open market or in privately negotiated transactions.

GUIDANCE:

Ameresco sees FY2016 EPS of $0.25-$0.30, versus the consensus of $0.27.

For earnings history and earnings-related data on Ameresco (AMRC) click here.



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