Ameresco: Q3 Earnings Snapshot
By AP News
Published - Nov 07, 2024, 06:00 PM ET
Last Updated - Nov 07, 2024, 06:00 PM EST
FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Thursday reported third-quarter earnings of $17.6 million.
The Framingham, Massachusetts-based company said it had profit of 33 cents per share. Earnings, adjusted for non-recurring gains, came to 32 cents per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The energy services company posted revenue of $500.9 million in the period, exceeding Street forecasts. Eight analysts surveyed by Zacks expected $491.5 million.
