Comfort Systems USA Inc (FIX) Q3 2024 Earnings Report Preview: What To Look For

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Oct 24, 2024
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Comfort Systems USA Inc (FIX, Financial) is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is $1.84 billion, and the earnings are expected to come in at $3.97 per share. The full year 2024's revenue is expected to be $6.97 billion and the earnings are expected to be $13.83 per share. More detailed estimate data can be found on the Forecast page.

Comfort Systems USA Inc (FIX, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Comfort Systems USA Inc (FIX) for the full year 2024 have increased from $6.68 billion to $6.97 billion, and for 2025 from $7.23 billion to $7.51 billion. Earnings estimates have also seen an uptick, with projections for 2024 rising from $12.30 per share to $13.83 per share, and for 2025 from $14.04 per share to $15.76 per share.

Comfort Systems USA Inc (FIX, Financial) Reported History

In the previous quarter of June 30, 2024, Comfort Systems USA Inc's (FIX) actual revenue was $1.81 billion, which beat analysts' revenue expectations of $1.69 billion by 7.28%. Comfort Systems USA Inc's (FIX) actual earnings were $3.74 per share, which beat analysts' earnings expectations of $3.14 per share by 19.11%. After releasing the results, Comfort Systems USA Inc (FIX) was up by 6.03% in one day.

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Comfort Systems USA Inc (FIX, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Comfort Systems USA Inc (FIX) is $358.25 with a high estimate of $370 and a low estimate of $350. The average target implies a downside of -13.05% from the current price of $412.01.

Based on GuruFocus estimates, the estimated GF Value for Comfort Systems USA Inc (FIX, Financial) in one year is $251.74, suggesting a downside of -38.9% from the current price of $412.01.

Based on the consensus recommendation from 5 brokerage firms, Comfort Systems USA Inc's (FIX, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.