CECO Environmental(CECO)

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CECO Environmental(CECO) - 2024 Q2 - Earnings Call Transcript
2024-07-30 18:27
CECO Environmental Corp. (NASDAQ:CECO) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Steven Hooser - Investor Relations Todd Gleason - Chief Executive Officer Peter Johansson - Chief Financial & Strategy Officer Conference Call Participants Aaron Spychalla - Craig Hallam Capital Group Rob Brown - Lake Street Capital Markets Gerry Sweeney - Roth Jim Ricchiuti - Needham and Company Bobby Brooks - Northland Capital Markets Amit Dayal - H.C. Wainwright Operator Good morning, and ...
CECO Environmental(CECO) - 2024 Q2 - Earnings Call Presentation
2024-07-30 14:33
Q2 2024 Earnings Report July 30, 2024 This presentation contains forward-looking statements with predictions, projections and other statements about future events. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe," "expect," "anticipate," "intends," "estimate," "forecast," "project," "will," "plan," "should" and similar expressions to identify forward-looking statements. Forward-looking statements inv ...
CECO Environmental (CECO) Surpasses Q2 Earnings Estimates
ZACKS· 2024-07-30 13:16
CECO Environmental (CECO) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. CECO, which belongs to the Zacks Pollution Control industry, posted revenues of $137.52 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $129.18 million. The company has topped consensus rev ...
CECO Environmental(CECO) - 2024 Q2 - Quarterly Results
2024-07-30 11:03
CECO ENVIRONMENTAL REPORTS SECOND QUARTER 2024 RESULTS Record Revenue, Gross Profits, Gross Margins and EBITDA Closes Strategic Industrial Air Acquisition Raises Full Year Outlook DALLAS (July 30, 2024) -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the second quarter of 2024. In addition, CECO, announces the acquisition o ...
CECO Environmental (CECO) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-23 15:06
The market expects CECO Environmental (CECO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's di ...
CECO Environmental to Release Second Quarter Earnings and Host Conference Call on July 30
GlobeNewswire News Room· 2024-07-16 11:00
Where: https://edge.media-server.com/mmc/p/i25y2kss A replay of the conference call will be available on the Company's website shortly after the live webcast has concluded. The details for the webcast are: How: Live over the internet – Simply log on to the web at the address above When: Tuesday, July 30 at 8:30 a.m. Eastern Time Register to receive the dial-in info and a unique pin: https://register.vevent.com/register/BI870abba22be3437888110cc48f8b0cab ABOUT CECO ENVIRONMENTAL CECO Environmental is a leadi ...
CECO Environmental(CECO) - 2024 Q1 - Earnings Call Presentation
2024-04-30 18:08
• Great Returns in 2022 & 2023 Transactions Stock Buybacks • $15M repurchased since 2021 (average price ~ $8.20) • $10M remaining on authorization Capital Expenditures • ERP Consolidation Net Repayments $(2.8) Other $ (1.0) • Cybersecurity On term loan $0.0 Repayments Capex $(3.1) On revolver $(12.6) • Adding Mfg. Footprint to absorb sustainable growth Ref: Cash Interest $(3.3) Cash Taxes $(1.0) Leverage Ratio3/ 1.4x 1.4x 1.4x 3/ Leverage Ratio = Net Debt / TTM Bank EBITDA 4/ Capacity = Current Facility Cap ...
CECO Environmental(CECO) - 2024 Q1 - Earnings Call Transcript
2024-04-30 18:08
CECO Environmental Corp. (NASDAQ:CECO) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Steven Hooser - IR Todd Gleason - President & CEO Peter Johansson - Chief Financial & Strategy Officer Conference Call Participants Aaron Spychalla - Craig Hallam Capital Group Rob Brown - Lake Street Capital Markets Gerry Sweeney - Roth Chris Grenga - Needleman and Company Bobby Brooks - Northern Capital Markets Amit Dayal - H.C. Wainwright Operator Good morning, and welcome to the CECO En ...
CECO Environmental (CECO) Q1 Earnings Meet Estimates
Zacks Investment Research· 2024-04-30 13:11
CECO Environmental (CECO) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of air pollution controls and industrial ventilation systems would post earnings of $0.25 per share when it actually produced earnings of $0.28, delivering a surprise of 12%.Over the last four quarters, the company has surpassed consen ...
CECO Environmental(CECO) - 2024 Q1 - Quarterly Report
2024-04-30 11:06
(Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ...