CECO Environmental (CECO) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. CECO, which belongs to the Zacks Pollution Control industry, posted revenues of $137.52 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $129.18 million. The company has topped consensus rev ...

财务业绩 - 公司第二季度订单额为1.408亿美元，订单总额为3.909亿美元[3] - 第二季度收入为1.375亿美元，同比增长6%[3] - 第二季度毛利润为4900万美元，同比增长23%；毛利率为35.6%，同比增加480个基点[3] - 第二季度净利润为450万美元，同比增长22%；非GAAP净利润为740万美元，同比增长42%[3] - 第二季度调整后EBITDA为1610万美元，同比增长18%[3] - 公司第二季度收入为1.375亿美元，同比增长6.4%[14] - 第二季度毛利率为35.6%，同比提升2.3个百分点[14] - 第二季度非GAAP营业利润为1.26亿美元，同比增长10.5%[16] - 第二季度非GAAP净利润为0.74亿美元，同比增长42.3%[19] - 第二季度非GAAP每股收益为0.20美元，同比增长33.3%[21] - 第二季度经营活动产生的现金流为0.67亿美元，同比下降41.2%[23] - 第二季度资本支出为0.41亿美元，同比增长192.9%[23] - 第二季度自由现金流为0.26亿美元，同比下降74%[23] 收购与业务拓展 - 公司完成收购EnviroCare International (ECI)，预计2024年全年销售额约1300万美元，EBITDA利润率中个位数[8] - 公司上调2024年全年收入指引至6亿-6.2亿美元，同比增长约12%；调整后EBITDA指引为6800万-7200万美元，同比增长约21%[8] - 公司保持战略投资和并购以推进运营模式，并看好工业空气、工业水和能源转型领域的增长机会[5] 非GAAP财务指标 - 公司提供了非GAAP财务指标以更好地反映公司的经营情况[24,25] - 公司剔除了一些非经常性费用和外汇损益等项目对业绩的影响[25] - 公司使用非GAAP财务指标进行补充披露,包括非GAAP营业收入、非GAAP净收入、非GAAP营业利润率、非GAAP每股基本和稀释收益、调整后EBITDA和自由现金流[26] - 公司根据证券交易委员会的规定,对非GAAP财务指标进行了与GAAP财务指标的对账[27] - 公司未来期间的非GAAP财务指标预测无法与GAAP财务指标进行对账,因为无法合理预测某些项目的影响[28] 风险因素 - 公司面临的主要风险包括经济环境变化、固定价格合同风险、供应链挑战、产品质量问题、项目延期或取消、原材料价格波动、债务水平较高、监管变化等[29]

The market expects CECO Environmental (CECO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's di ...

Where: https://edge.media-server.com/mmc/p/i25y2kss A replay of the conference call will be available on the Company's website shortly after the live webcast has concluded. The details for the webcast are: How: Live over the internet – Simply log on to the web at the address above When: Tuesday, July 30 at 8:30 a.m. Eastern Time Register to receive the dial-in info and a unique pin: https://register.vevent.com/register/BI870abba22be3437888110cc48f8b0cab ABOUT CECO ENVIRONMENTAL CECO Environmental is a leadi ...

• Great Returns in 2022 & 2023 Transactions Stock Buybacks • $15M repurchased since 2021 (average price ~ $8.20) • $10M remaining on authorization Capital Expenditures • ERP Consolidation Net Repayments $(2.8) Other $ (1.0) • Cybersecurity On term loan $0.0 Repayments Capex $(3.1) On revolver $(12.6) • Adding Mfg. Footprint to absorb sustainable growth Ref: Cash Interest $(3.3) Cash Taxes $(1.0) Leverage Ratio3/ 1.4x 1.4x 1.4x 3/ Leverage Ratio = Net Debt / TTM Bank EBITDA 4/ Capacity = Current Facility Cap ...

CECO Environmental Corp. (NASDAQ:CECO) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Steven Hooser - IR Todd Gleason - President & CEO Peter Johansson - Chief Financial & Strategy Officer Conference Call Participants Aaron Spychalla - Craig Hallam Capital Group Rob Brown - Lake Street Capital Markets Gerry Sweeney - Roth Chris Grenga - Needleman and Company Bobby Brooks - Northern Capital Markets Amit Dayal - H.C. Wainwright Operator Good morning, and welcome to the CECO En ...

CECO Environmental (CECO) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of air pollution controls and industrial ventilation systems would post earnings of $0.25 per share when it actually produced earnings of $0.28, delivering a surprise of 12%.Over the last four quarters, the company has surpassed consen ...

(Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ...

SAFE HARBOR CECO ENVIRONMENTAL REPORTS FIRST QUARTER 2024 RESULTS Reports Record First Quarter Revenue and Gross Margins, Near Record Backlog Reaf irms Full Year 2024 Guidance DALLAS (April 30, 2024) -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the first quarter results of 2024. • Revenue of $126.3 million, up 12 percent ...

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (NASDAQ:CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced that it will report its first quarter 2024 financial results on April 30, 2024, premarket. The Company will also host its earnings call starting at 8:30 a.m. Eastern Time (7:30 a.m. CT). The Company's financial results and presentation will be posted on its website at www. ...