CECO Environmental Q4 Adj. EPS $0.28 Beats $0.24 Estimate, Sales $153.71M Beat $146.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
CECO Environmental reported Q4 adjusted EPS of $0.28, surpassing the $0.24 estimate, and sales of $153.71M, exceeding the $146.61M estimate. This represents a 33.33% increase in earnings and a 32.05% increase in sales from the same period last year.
March 05, 2024 | 12:02 pm
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POSITIVE IMPACT
CECO Environmental exceeded Q4 earnings and sales estimates, showing strong year-over-year growth.
CECO Environmental's Q4 earnings and sales not only surpassed analyst estimates but also showed significant growth compared to the same period last year. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in CECO's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100