Comfort Systems (FIX) Reports Q1: Everything You Need To Know Ahead Of Earnings

HVAC and electrical contractor Comfort Systems (NYSE:FIX) will be announcing earnings results this Thursday after market hours. Here’s what to look for.

Comfort Systems beat analysts’ revenue expectations last quarter, reporting revenues of $2.65 billion, up 41.7% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS and EBITDA estimates.

Is Comfort Systems a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Comfort Systems’s revenue to grow 31% year on year, improving from the 19.1% increase it recorded in the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Comfort Systems rarely misses Wall Street’s revenue estimates.

With Comfort Systems being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for construction and engineering stocks. However, there has been positive investor sentiment in the segment, with share prices up 11.2% on average over the last month. Comfort Systems is up 19.8% during the same time .

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