Comfort Systems USA (FIX) Tops Q1 EPS by 13c

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Comfort Systems USA Reports First Quarter 2021 Results

April 28, 2021 4:06 PM EDT

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) today reported results for the quarter ended March 31, 2021.

For the quarter ended March 31, 2021, net income was $26.5 million, or $0.73 per diluted share, as compared to $17.7 million, or $0.48 per diluted share, for the quarter ended March 31, 2020. Revenue for the first quarter of 2021 was $669.8 million compared to $700.1 million in 2020. The Company reported operating cash flow of $84.6 million in the current quarter compared to $21.9 million in 2020.

Backlog as of March 31, 2021 was $1.66 billion as compared to $1.51 billion as of December 31, 2020 and $1.62 billion as of March 31, 2020. On a... More