Comfort Systems USA (FIX) Tops Q1 EPS by 9c

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Comfort Systems USA Reports First Quarter 2022 Results

April 27, 2022 4:09 PM EDT

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX) (the Company) today reported results for the quarter ended March 31, 2022.

For the quarter ended March 31, 2022, net income was $86.8 million, or $2.40 per diluted share, as compared to $26.5 million, or $0.73 per diluted share, for the quarter ended March 31, 2021. The first quarter of 2022 included a diluted per share net gain of $1.49 related to the resolution of tax refund claims from years 2016 through 2018 as well as estimated tax benefits from years 2019 through 2021. Without those tax gains related to prior years, our diluted per share earnings would have... More