Comfort Systems USA (FIX) is reporting earnings on Wednesday. Lets focus in on how the stock is performing.
Analysts are estimating Comfort Systems USA will report an EPS (earnings per share) of $1.01 on Revenues of $914.17M. Over the last
90 days, 3 analysts have cut EPS while none have increase it.
Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.
There are two primary things that FIX bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company underperformed the analysts' estimates. After that they'll want to see a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This is because the company's earnings report is a snapshot of the company's performance, and the analysts' estimates are a consensus projection of the company's future.
As of July 19 shares of FIX are trading at $86.95. Over the last 52-week period, the price is down -15.92%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.