HVAC and electrical contractor Comfort Systems (NYSE: FIX) will be reporting earnings this Thursday after market close. Here’s what you need to know.
Comfort Systems beat analysts’ revenue expectations by 10.6% last quarter, reporting revenues of $2.17 billion, up 20.1% year on year. It was an incredible quarter for the company, with an impressive beat of analysts’ backlog estimates and a beat of analysts’ EPS estimates.
Is Comfort Systems a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Comfort Systems’s revenue to grow 19.5% year on year to $2.17 billion, slowing from the 31.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $6.29 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Comfort Systems has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 4.8% on average.
With Comfort Systems being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for construction and engineering stocks. However, investors in the segment have had steady hands going into earnings, with share prices up 1.8% on average over the last month. Comfort Systems is up 1.1% during the same time and is heading into earnings with an average analyst price target of $834.40 (compared to the current share price of $830.79).
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