Comfort Systems USA (FIX) Tops Q3 EPS by 28c, Revenues Miss
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Comfort Systems USA Reports Third Quarter 2020 Results
October 26, 2020 4:42 PM EDTHOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) today reported results for the quarter ended September 30, 2020.
For the quarter ended September 30, 2020, net income was $50.1 million, or $1.36 per diluted share, as compared to $36.2 million, or $0.98 per diluted share, for the quarter ended September 30, 2019. Earnings per diluted share for the third quarter of 2020 included a $0.17 benefit from a discrete tax item. Revenue for the third quarter of 2020 was $714.1 million compared to $706.9 million in 2019. The Company reported operating cash flow of $52.6 million in the current quarter compared to $73.1 million in 2019. Backlog as of September 30,... More
