Comfort Systems (FIX) To Report Earnings Tomorrow: Here Is What To Expect

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

Comfort Systems beat analysts’ revenue expectations last quarter, reporting revenues of $2.87 billion, up 56.5% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ 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 36.7% year on year, improving from the 20.1% increase it recorded in the same quarter last year.

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 whole sector has faced a sell-off over the last month with stocks in Comfort Systems’s peer group down 2.8% on average. Comfort Systems is down 14.1% during the same time .

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