logo
Share SHARE
FONT-SIZE Plus   Neg

Ameresco Q1 Profit Decreases - Quick Facts

Ameresco, Inc. (AMRC) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The bench to bedside journey of drugs is fraught with challenges. It is estimated that only 5 in 5,000 compounds that enter preclinical testing make it to human testing, and out of those 5, only 1 may pass through all the regulatory hurdles needed to reach pharmacy shelves. Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions.
comments powered by Disqus
Follow RTT