logo
Share SHARE
FONT-SIZE Plus   Neg

Ameresco Q4 Profit Edges Up - Quick Facts

Ameresco Inc. (AMRC: Quote) announced Wednesday a higher fourth-quarter profit of $8.2 million, or $0.18 per share, compared to the prior-year's $7.7 million, or $0.17 per share. Seven analysts polled by Thomson Reuters estimated earnings of $0.19 per share. Analysts' estimates usually exclude special items.

Quarterly revenue went up 5.1 percent to $188.5 million from last year's $179.3 million, thanks to Renewable Energy revenue rising to $55.9 million from $47.6 million. Energy efficiency revenue was $132.6 million this year and $131.8 million a year ago. Six analysts polled by Thomson Reuters estimated revenues of $185.72 million.

Looking ahead, the company forecast 2012 profit between $39.5 million and $42.5 million, on revenues in the range of $800 million to $825 million. Analysts' consensus currently sees 2012 revenues of $793.79 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple will unveil its Apple Watch with a battery that may last only 2.5 to 4 hours on very active use, according to a report in 9to5mac. "People with knowledge of the Apple Watch's development have provided us with the specific performance targets Apple wants to achieve for the Apple Watch battery,... HARMAN International Industries, Inc. (HAR) announced it has signed an agreement with Symphony Technology Group to acquire Symphony Teleca, a privately-held global software services company. Check out this story for a look at some of We are just a few weeks into 2015 and it has already been a busy year for merger deals and merger talks. Here is a list of some of the M&A stories that have made headlines so far in 2015.
comments powered by Disqus
Follow RTT