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. ...

Topline growth balanced across Air-Water-Energy Strong Backlog Conversion Delivering Double-Digit Y/Y & TTM Growth 11 Q4'23 Backlog* Remains at Record Levels $203 $210 $219 $214 $283 $289 $278 $312 $356 $391 $394$371 $92 $86 $93 $91 $161 $114 $102 $151 $146 $163 $146 $128 $72 $79 $80 $94 $92 $105 $108 $116 $113 $129 $149 $154 $211 $290 $378 Company Record Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Backlog Orders Revenue 2021 2022 2023 1.1x 1.2x 1.1x B2B •Up 19% YoY, ~70%+ conver ...

财务数据和关键指标变化 - 公司第四季度和全年收入创历史新高,分别达到1.537亿美元和5.45亿美元 [12][13][41][47] - 公司2023年全年毛利达1.71亿美元,毛利率为31.4%,同比提升105个基点 [51][52][53] - 公司2023年全年调整后EBITDA达5800万美元,同比增长37%,EBITDA利润率为10.6%,同比提升约60个基点 [20][54][55] - 公司2023年全年调整后每股收益为0.75美元,同比略有增长,但受到利息费用上升约0.20美元的影响 [21] 各条业务线数据和关键指标变化 - 公司工业空气、工业水和能源转型三大业务线占比均衡,分别约占40%、30%和30% [23][24] - 公司短周期销售占比已提升至约30% [23][24] 各个市场数据和关键指标变化 - 公司在欧洲、中东、印度、东南亚等国际市场订单需求强劲,占比约三分之一到四成 [159][160] - 公司在半导体和汽车制造等行业获得跨品牌的客户需求 [162][163] 公司战略和发展方向及行业竞争 - 公司持续推进业务组合转型,减少对周期性强的传统能源市场依赖,增加短周期销售占比 [23][24][25] - 公司通过有机增长和并购实现了卓越的业绩表现,股价和市值自2020年中期以来增长超过250% [25][26] - 公司将继续投资于商业卓越、运营卓越和资本配置,以确保未来可持续增长 [28][29] 管理层对经营环境和未来前景的评论 - 公司看好工业再工厂化、可持续基础设施建设和能源转型等行业趋势,为公司带来持续增长机会 [32][159] - 公司面临的挑战包括客户项目启动延迟、供应链问题、利率上升等,但整体影响有所缓解 [67][68] - 公司有信心在2024年实现10%以上的收入增长和20%以上的调整后EBITDA增长 [34][35] 问答环节重要的提问和回答 问题1 **Rob Brown 提问** 询问公司业务管线和订单情况,以及Wakefield在数据中心市场的机会 [80][81][82][83][84][85] **Todd Gleason 回答** 公司业务管线在工业空气、工业水和能源转型等领域保持强劲,并看好欧洲和新兴市场的机会 [80][81][82][83][84][85] Wakefield在欧洲数据中心备用电源市场有良好的增长前景,公司正在扩大产能以满足需求 [84][85] 问题2 **Aaron Spychalla 提问** 询问公司毛利率和EBITDA利润率提升的驱动因素,以及2024年的利润率展望 [90][91][92][93][94][95] **Todd Gleason 和 Peter Johansson 回答** 公司第四季度毛利率提升主要得益于产品组合改善、供应链稳定以及新收购业务Kemco的高毛利率贡献 [91][92][93][94][95] 公司未来将继续通过提升运营效率、增加高毛利业务占比等措施推动利润率进一步扩张 [91][92][93][94][95] 问题3 **Bill Dezellem 提问** 询问公司对宏观环境和并购市场的看法 [148][149][150] **Todd Gleason 回答** 公司认为欧洲宏观环境有所改善,但美国和亚洲保持稳定。并购市场方面,公司将在2023年第二季度开始加大并购力度 [148][149][150][152][153]