Ameresco: Q4 Earnings Snapshot

FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Monday reported fourth-quarter profit of $17.9 million. The Framingham, Massac...

March 2, 2023
6:48 AM

FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Monday reported fourth-quarter profit of $17.9 million. The Framingham, Massachusetts-based company said it had profit of 34 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per share. The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. The energy services company posted revenue of $331.7 million in the period, which also missed Street forecasts.