- Comfort Systems USA posted a remarkable revenue of $1.87 billion for the fourth quarter, marking a 38% increase compared to the previous year and surpassing expectations of $1.77 billion.
- The company’s adjusted earnings per share (EPS) came in at $4.09, significantly up from $2.55 the previous year and outperforming the anticipated $3.69.
- Operating income surged 88% year-over-year to $226.4 million, exceeding the projected $170.7 million.
- Pretax profit reached $186.0 million, a 67% rise from last year, outperforming estimates of $165.2 million.
- Adjusted EBITDA was reported at $261.0 million, representing an 85% growth from the previous year and beating the expected $206.6 million.
- Cash generated from operating activities increased by 22% to $210.5 million, surpassing the forecasted $143.3 million.
- SG&A expenses rose by 30% year-over-year to $207.6 million but came in higher than the estimated $195.5 million.
- The company anticipates sustained strong performance in 2025, driven by a large and varied backlog, robust project pipelines, and growing demand for construction services related to advanced technology.
- Current analyst ratings include 5 buys and 2 holds, with no sell recommendations.
Comfort Systems Usa on Smartkarma
Analysts on Smartkarma, including Baptista Research, are closely covering Comfort Systems USA. Baptista Research recently published a bullish report titled “FIX US: Will Their Expansion in Data Center and Industrial Sectors Catapult Their Top-Line Growth?” The report highlights Comfort Systems USA’s strong performance in the Third Quarter of 2024, with robust margins, significant revenue growth, and exceptional cash flow. The company reported earnings of $4.09 per share, marking a substantial 40% increase from the previous year. Operating income also hit a record high, showing a 50% increase compared to the same quarter last year. These positive indicators point towards a healthy operational stance and a promising future outlook for Comfort Systems USA.
A look at Comfort Systems Usa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Comfort Systems USA, Inc., a company specializing in heating, ventilation, and air conditioning services for commercial and industrial markets, has a mixed outlook based on the Smartkarma Smart Scores. While the company receives moderate scores for its value and dividend factors, scoring a 2 on both, it shines in terms of growth potential with a top-tier score of 5. This indicates promising prospects for expansion and market development in the long term. Additionally, Comfort Systems USA demonstrates strong resilience, scoring a solid 4, suggesting its ability to weather economic uncertainties and challenges. Furthermore, the company exhibits positive momentum, scoring a respectable 4, pointing towards favorable trends in its stock performance.
In summary, Comfort Systems USA, Inc. operates in the HVAC sector, serving various sectors such as office buildings, retail centers, hotels, and government facilities with installation, maintenance, repair, and replacement services. With a notable emphasis on growth opportunities and a sturdy foundation of resilience and momentum, the company appears well-positioned for sustained success and potential growth in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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