Comfort Systems USA Earnings Preview: Get Ahead of the Analysts

Comfort Systems Usa (NYSE:FIX) will report earnings after markets close on Wednesday, May 1st. Comfort Systems USA, Inc. provides heating, ventilation, and air conditioning system installation, maintenance, repair, and replacement services. The Company’s commercial and industrial markets include office buildings, retail centers, apartment complexes, hotels, manufacturing plants, and government facilities.

Here is your Cheat Sheet to Comfort Systems Usa Earnings:

Earnings Expectations: Analysts expect earnings of $-0.02 per share on revenues of $329.85 million. Currently, the company’s P/E ratio stands at 35.19.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.14 to a profit $0.12. For the current year, the average estimate is a profit of $0.39, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Comfort Systems Usa has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,322 1,129 1,064 1,217 1,331
Diluted EPS ($) 1.24 0.89 0.39 -0.99 0.36

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 294.33 329.41 354.75 335.54 311.48
Diluted EPS ($) 0.0471 -0.03 0.12 0.15 0.1168

Past Performance:
Comfort Systems Usa has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)