Comfort Systems USA (FIX) Misses Q1 EPS by 7c

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Comfort Systems USA Reports First Quarter 2019 Results

April 25, 2019 4:33 PM EDT

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA,Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, today announced net income of $19.9 million or $0.53 per diluted share, for the quarter ended March 31, 2019, as compared to $16.7 million or $0.44 per diluted share, for the quarter ended March 31, 2018. Our first quarter 2018 earnings per diluted share benefited from a $0.07 discrete tax item. The Company reported revenue of $538.5 million in the current quarter, as compared to $464.9 million in 2018. The Company reported negative free cash flow of $7.5 million in the... More