earnings
confidence high
sentiment positive
materiality 0.85
Comfort Systems Q2 net income rises 65% to $69.5M ($1.93 EPS); revenue up 27% to $1.30B
COMFORT SYSTEMS USA INC
2023-Q2 EPS reported
$3.53
revenue$2,471,070,000
- Diluted EPS $1.93 vs $1.17 YoY; revenue $1,296M, up 27% from $1,018M.
- Operating cash flow $125.4M, nearly triple prior-year $44.6M.
- Backlog $4.19B, up 49% YoY from $2.81B; same-store backlog $4.11B.
- Quarterly dividend raised to $0.225/share (from $0.20); payable Aug 28, record Aug 17.
- CEO cites strong demand, electrical segment margin improvement, and robust cash flow.