Comfort Systems USA (FIX) Tops Q4 EPS by 24c

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Comfort Systems USA Reports Fourth Quarter and Full Year 2019 Results

February 26, 2020 4:43 PM EST

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) today reported results for the fourth quarter and annual period ended December 31, 2019.

For the quarter ended December 31, 2019, net income was $34.1 million or $0.92 per diluted share, as compared to $25.2 million or $0.67 per diluted share, for the quarter ended December 31, 2018. Earnings in the fourth quarter of 2019 included an approximate $0.08 per diluted share benefit due to insurance proceeds related to the ransomware incident from April 2019. Revenue for the fourth quarter of 2019 was $719.6 million compared to $588.4 million in 2018. The Company reported free cash flow of $33.9 million in... More