Comfort Systems USA (FIX) Releases Earnings Results, Beats Expectations By $0.08 EPS

Comfort Systems USA (FIX) reported quarterly earnings results on Wednesday, Apr-27-2016. The company said it had a profit of $0.26 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.08. Analysts had a consensus of $0.18. The company posted revenue of $385.90 million in the period, compared to analysts expectations of $397.77 million. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

Comfort Systems USA opened for trading at $33.12 and hit $33.47 on the upside on Friday, eventually ending the session at $33.26, with a gain of 0.24% or 0.08 points. The heightened volatility saw the trading volume jump to 2,23,963 shares. Company has a market cap of $1,241 M.

In a different news, on Mar 10, 2016, William Iii George (Chief Financial Officer) sold 39,287 shares at $30.24 per share price. According to the SEC, on Feb 1, 2016, Alan Krusi (director) sold 3,000 shares at $28.21 per share price. On Dec 7, 2015, Alfred J Jr Giardenelli (director) sold 5,000 shares at $33.02 per share price, according to the Form-4 filing with the securities and exchange commission.

Comfort Systems USA Inc. is a provider of heating ventilation and air conditioning (HVAC) installation maintenance repair and replacement services within the mechanical services industry. It operates in the commercial industrial and institutional HVAC markets and offers services for the industrial healthcare education office technology retail and government facilities. In addition to standard HVAC services the Company provides specialized applications such as building automation control systems fire protection process cooling electronic monitoring and process piping. Its installation business related to newly constructed facilities involves the design engineering integration installation and start-up of HVAC. Its maintenance repair and replacement business also involves the replacement reconfiguration and monitoring of HVAC systems and industrial process piping. Certain locations also provide related activities such as electrical service and plumbing.

Comfort Systems USA

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