Ameresco Reports Third Quarter 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Ameresco (AMRC) Misses Q3 EPS by 7c, Revenues Miss; Offers FY19 EPS/Revenue Mid-Point Guidance Above Consensus
November 5, 2019 6:16 AM ESTAmeresco (NYSE: AMRC) reported Q3 EPS of $0.19, $0.07 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $212 million versus the consensus estimate of $235.4 million.
Third Quarter 2019 Financial Highlights:
Revenues of $212.0 millionNet income attributable to common shareholders of $8.9 millionNet income per diluted share of $0.19Adjusted EBITDA of $23.9 millionTotal project backlog of $2.2 billionRecord high project awards of $343 millionAmeresco Assets in development added 37 MWeRecord Smart Energy Solutions Awards Significant Growth of Ameresco Assets in Development Timing Issues... More