Comfort Systems Q2 EPS $1.17, revenue $1.02B (+42.6% YoY); backlog $2.81B

COMFORT SYSTEMS USA INC

2022-Q2 EPS reported $3.57 revenue$1,903,164,000

Net income $42.2M ($1.17 diluted EPS) vs $33.0M ($0.90) in Q2 2021; revenue $1,017.9M vs $713.9M (+42.6%).
Backlog at June 30, 2022 was $2.81B, up from $1.84B a year ago; same-store backlog $2.54B.
Six months net income $129.0M ($3.57) includes $1.49 per share tax gain; adjusted $2.08.
Operating cash flow Q2 $44.6M vs $25.4M; H1 $108.3M vs $110.1M.
Declared quarterly dividend $0.14/share, payable Aug 29, 2022 to holders of record Aug 18, 2022.

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