Ameresco Q4 2023 Adj EPS $0.69 Beats $0.57 Estimate, Sales $441.37M Beat $399.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ameresco (NYSE:AMRC) reported Q4 2023 adjusted EPS of $0.69, surpassing the $0.57 estimate, with sales of $441.37M exceeding the $399.97M forecast. This represents a 33.05% increase in sales compared to the same period last year.
February 28, 2024 | 9:34 pm
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POSITIVE IMPACT
Ameresco's Q4 2023 earnings and sales exceeded analyst expectations, with a significant year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, typically leads to positive investor sentiment and could drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100