Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Ameresco Q1 Profit Decreases - Quick Facts

RELATED NEWS
Trade AMRC now with 
5/8/2012 7:45 AM ET

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

Editors Pick
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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.