Recap: Comfort Systems USA Q1 Earnings

Shares of Comfort Systems USA FIX decreased in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 52.08% year over year to $0.73, which beat the estimate of $0.60.

Revenue of $669,761,000 declined by 4.34% year over year, which missed the estimate of $691,520,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Comfort Systems USA hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $82.92

Company's 52-week low was at $27.54

Price action over last quarter: Up 31.43%

Company Description

Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, and air conditioning, or HVAC; plumbing; piping and controls; construction; and other electrical components. Projects are primarily for commercial, industrial, and institutional buildings, and tend to be geared toward HVAC. Revenue is roughly split between installation services in newly constructed facilities, and maintenance services for existing buildings. Replacing existing air systems with modern, energy-efficient systems can reduce a building's costs and improve the environment within the designated area. The company installs and repairs products and systems throughout the United States.