- Comfort Systems USA reported second quarter revenue of $2.17 billion, which is a 20% increase year-over-year and exceeded the estimate of $1.96 billion.
- The adjusted earnings per share (EPS) rose to $6.53, significantly up from $3.74 in the previous year, surpassing the anticipated $4.68.
- Operating income reached $299.9 million, marking a 62% increase compared to last year, above the estimated $222.1 million.
- Pretax profit experienced a 75% growth year-over-year, reaching $296.5 million, higher than the estimated $219.3 million.
- Adjusted EBITDA came in at $334.1 million, a 50% increase from the previous year, outperforming the forecast of $251 million.
- Cash from operating activities grew by 33% year-over-year to $252.5 million, slightly above the estimate of $249.4 million.
- SG&A expenses were $210.5 million, a 17% increase from last year, which was higher than the expected $191.6 million.
- The stock has received 6 buy ratings and 1 hold, with no sell recommendations.
A look at Comfort Systems Usa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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. seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 5 and Momentum score of 5, the company shows strong potential for increasing its market presence and continuing to perform well in the future. This suggests that Comfort Systems USA is well-positioned to capitalize on growth opportunities and maintain positive momentum in the heating, ventilation, and air conditioning industry.
Additionally, while the company’s Value and Dividend scores are more moderate at 2, indicating some room for improvement in these areas, its Resilience score of 3 suggests a solid ability to weather market fluctuations and challenges. Overall, Comfort Systems USA, Inc., known for offering installation, maintenance, and repair services for a wide range of commercial and industrial markets, appears poised for continued growth and success in the long run.
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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