Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Ameresco Q1 Profit Decreases - Quick Facts

Ameresco, Inc. (AMRC: Quote) said its first-quarter net income fell to $1.5 million or $0.03 per share from $5.3 million or $0.12 per share in the year-ago quarter.

Total revenue of $146.6 million was flat when compared to $146.4 million for the same period in 2011.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share on revenues of $145.78 million for the quarter. Analysts' estimates typically exclude special items.

For the fiscal year ending December 31, 2012, the company still expects total revenue to be in the range of $800 million to $825 million and net income to be in the range of $39.5 million to $42.5 million. Analysts expect the company to earn $0.88 per share on revenues of $803.26 million for the year.

Click here to receive FREE breaking news email alerts for Ameresco Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
With trading resuming following the long, holiday weekend, stocks showed a lack of direction throughout the trading session on Tuesday before ending the day mixed. The markets largely held on to the bulk of their recent gains. The Islamic State (IS), a Sunni extremist group previously known as Islamic State of Iraq and the Levant (ISIL), has released a video purporting to show the beheading of US journalist Steven Sotloff, media reports said Tuesday. According to reports, the video also showed a masked man threatening to execute a British man named David Haines. He also warned governments to stay away "this evil allian Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.