Comfort Systems USA(FIX)

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Comfort Systems USA(FIX) - 2024 Q1 - Quarterly Results
2024-04-25 20:05
Exhibit 99.1 CONTACT:Julie Shaeff, Chief Accounting Officer 675 Bering Drive, ir@comfortsystemsusa.com; 713-830-9687 Houston, Texas 77057 Suite 400 713-830-9600 FOR IMMEDIATE RELEASE COMFORT SYSTEMS USA REPORTS FIRST QUARTER RESULTS Houston, TX — April 25, 2024 — Comfort Systems USA, Inc. (NYSE: FIX) (the "Company") today reported results for the quarter ended March 31, 2024. For the quarter ended March 31, 2024, net income was $96.3 million, or $2.69 per diluted share, as compared to $57.2 million, or $1.5 ...
Factors Setting the Tone for Comfort Systems' (FIX) Q1 Earnings
Zacks Investment Research· 2024-04-23 16:51
Comfort Systems USA, Inc. (FIX) is scheduled to report its first-quarter 2024 results on Apr 25, after market close.In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 18.6%. On a year-over-year basis, the top and bottom lines grew 21.6% and 65.6%, respectively.Markedly, its earnings surpassed expectations in each of the last four quarters, the average surprise being 25.5%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for first-quarter 2024 earnings per s ...
Are Construction Stocks Lagging Comfort Systems USA (FIX) This Year?
Zacks Investment Research· 2024-04-04 14:45
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Comfort Systems (FIX) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Comfort Systems is a member of our Construction group, which includes 96 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank gauges the ...
New Strong Buy Stocks for March 22nd
Zacks Investment Research· 2024-03-22 11:26
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Comfort Systems USA (FIX) : This company which, is a national provider of comprehensive heating, ventilation and air conditioning installation, maintenance, repair and replacement services, has seen the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.General Motors (GM) : This company which is one of the world’s largest automakers, has seen the Zacks Consensus Estimate for its current year e ...
3 Reasons Growth Investors Will Love Comfort Systems (FIX)
Zacks Investment Research· 2024-03-18 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), whic ...
3 Reasons Why Growth Investors Shouldn't Overlook Comfort Systems (FIX)
Zacks Investment Research· 2024-03-01 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Comfort Systems USA, Inc. (FIX) Hits Fresh High: Is There Still Room to Run?
Zacks Investment Research· 2024-03-01 15:15
Have you been paying attention to shares of Comfort Systems (FIX) ? Shares have been on the move with the stock up 35.9% over the past month. The stock hit a new 52-week high of $306 in the previous session. Comfort Systems has gained 48.7% since the start of the year compared to the 9.1% move for the Zacks Construction sector and the 6.3% return for the Zacks Building Products - Air Conditioner and Heating industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprise ...
Why Comfort Systems USA Stock Is Up Today
The Motley Fool· 2024-02-23 17:22
Construction and home maintenance company Comfort Systems USA (FIX 11.46%) reported better-than-expected quarterly results and provided an upbeat outlook about the future. Investors are taking notice, sending shares of Comfort Systems up as much as 18% on Friday and up 9% as of noon ET.Strong growth is fueling investor enthusiasmComfort Systems is a rollup of commercial, industrial, and institutional heating, ventilation, air conditioning (HVAC) and electrical contracting services. The company earned $2.55 ...
Comfort Systems USA(FIX) - 2023 Q4 - Annual Report
2024-02-21 16:00
Selling, General and Administrative Expenses ("SG&A")—SG&A increased $85.1 million, or 17.4%, to $574.4 million for 2023 as compared to 2022. On a same-store basis, excluding amortization expense, SG&A increased $67.3 million, or 14.9%. The same-store increase is primarily due to higher same-store revenue and increased compensation costs ($59.9 million), largely attributable to increased headcount. This increase was partially offset by a decrease in professional fees of $3.3 million as compared to the prior ...
Comfort Systems USA(FIX) - 2023 Q4 - Annual Results
2024-02-21 16:00
Financing activities $ (31,598) $(131,513) $(298,624) $(205,915) CONTACT:Julie Shaeff, Chief Accounting Officer 675 Bering Drive, Suite 400 ir@comfortsystemsusa.com; 713-830-9687 Houston, Texas 77057 713-830-9600 For the quarter ended December 31, 2023, net income was $91.6 million, or $2.55 per diluted share, as compared to $55.4 million, or $1.54 per diluted share, for the quarter ended December 31, 2022. Revenue for the fourth quarter of 2023 was $1,357.6 million compared to $1,117.2 million in 2022. The ...