Ameresco (AMRC) Tops Q3 EPS by 4c

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Ameresco (AMRC) PT Raised to $10 at Oppenheimer Following 3Q Beat

November 1, 2017 11:31 AM EDT

Oppenheimer raised its price target on Ameresco (NYSE: AMRC) to $10.00 (from $8.50) while maintaining an Outperform rating following the company's 3Q earnings release. AMRC reported 3Q17 revenue of $204.7M vs. consensus $185.7M forecast and non-GAAP EPS of $0.18 vs. consensus $0.15E. Adj. EBITDA of $20.8M was... More