Ameresco Reports Fourth Quarter and Full Year 2020 Financial Results
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Ameresco (AMRC) Tops Q4 EPS by 18c, Revenues Beat; Offers FY21 EPS/Revenue Guidance
March 1, 2021 4:08 PM ESTAmeresco (NYSE: AMRC) reported Q4 EPS of $0.47, $0.18 better than the analyst estimate of $0.29. Revenue for the quarter came in at $314.3 million versus the consensus estimate of $265.57 million.
Fourth Quarter 2020 Financial Highlights:
Revenues of $314.3 million, up 3% compared to last yearNet Income of $23.5 millionGAAP EPS of $0.47, up 2%Adjusted EBITDA of $35.7 million, up 21%In 2020, our resilient Ameresco team demonstrated tremendous execution which led to outstanding results. We came together to ensure that the company remained operational throughout the year while implementing strict protocols to protect the health and safety of our... More