Ameresco Reports Second Quarter 2020 Financial Results

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Ameresco (AMRC) Tops Q2 EPS by 13c

August 3, 2020 4:28 PM EDT

Ameresco (NYSE: AMRC) reported Q2 EPS of $0.19, $0.13 better than the analyst estimate of $0.06. Revenue for the quarter came in at $223 million versus the consensus estimate of $195.85 million.

Our exceptional second quarter results represented a continuation of our focus on the execution of our existing project backlog, more than offsetting any COVID-19 related incremental redeployment expenses and disruptions. Additionally, our performance reflected improved access to our project sites throughout the quarter, as more and more states loosened pandemic-related... More