Comfort Systems (FIX) Reports Q3: Everything You Need To Know Ahead Of Earnings

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

Comfort Systems beat analysts’ revenue expectations last quarter, reporting revenues of $3.27 billion, up 50.3% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ EBITDA estimates and a beat of analysts’ EPS 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 38.8% year on year, improving from the 35.2% increase it recorded in the same quarter last year.

Comfort Systems Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will 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 unfold for construction and engineering stocks. However, the segment has faced declining investor sentiment as Comfort Systems’s peer group is down 5.1% on average over the last month. Comfort Systems is down 13.2% during the same time .

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