Wrapping up Q1 earnings, we look at the numbers and key takeaways for the construction and maintenance services stocks, including Primoris (NYSE:PRIM) and its peers.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the construction and maintenance services stocks, including Comfort Systems (NYSE:FIX) and its peers.
Growth is oxygen.
But when it evaporates, the consequences can be extreme - ask anyone who bought Cisco in the Dot-Com Bubble (Nvidia?) or newer investors who lived through the 2020 to 2022 COVID cycle.
HVAC and electrical contractor Comfort Systems (NYSE:FIX) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 19.1% year on year to $1.83 billion. Its non-GAAP profit of $4.75 per share was 28.2% above analysts’ consensus estimates.
Comfort Systems has followed the market’s trajectory closely. The stock is down 6.2% to $434.10 per share over the past six months while the S&P 500 has lost 5.5%. This may have investors wondering how to approach the situation.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) will be reporting results tomorrow after the bell. Here’s what to expect.
On 24 April, Comfort Systems (FIX) increased its dividend by 12.5%, from 40¢ to 45¢ per share. The dividend is payable on 27 May to shareholders of record on 16 May.
Shares of HVAC and electrical contractor Comfort Systems (NYSE:FIX) jumped 11% in the pre-market session after the company reported stunning first-quarter 2025 results, which crushed earnings and backlog expectations, pointing to strong demand and solid execution in a typically soft seasonal period. Same-store backlog grew 16%, a massive jump that signaled growing confidence from customers and a robust pipeline of future projects. Zooming out, we think this was a solid quarter.
HVAC and electrical contractor Comfort Systems (NYSE:FIX) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 19.1% year on year to $1.83 billion. Its GAAP profit of $4.75 per share was 28.1% above analysts’ consensus estimates.
