Ameresco Q2 Adj EPS $0.15 Misses $0.18 Estimate, Sales $327.07M Beat $293.79M Estimate
Portfolio Pulse from totan@benzinga.com
Ameresco (NYSE:AMRC) reported Q2 earnings of $0.15 per share, missing the analyst consensus estimate of $0.18 by 16.67%. This is a 75.81% decrease from the same period last year. However, the company reported quarterly sales of $327.07 million, beating the analyst consensus estimate of $293.79 million by 11.33%. This is a 43.35% decrease from the same period last year.
July 31, 2023 | 8:22 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Ameresco's Q2 earnings missed estimates and decreased significantly from last year, but sales beat estimates despite a decrease from last year.
Ameresco's earnings miss and year-over-year decrease could negatively impact investor sentiment and the stock price. However, the sales beat and the fact that it was less of a decrease than earnings might mitigate some of this impact.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100