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Ameresco Q2 2024 Earnings Report

Ameresco logo
$22.35 +0.25 (+1.13%)
(As of 12/20/2024 04:32 PM ET)

Ameresco EPS Results

Actual EPS
$0.10
Consensus EPS
$0.25
Beat/Miss
Missed by -$0.15
One Year Ago EPS
$0.15

Ameresco Revenue Results

Actual Revenue
$437.98 million
Expected Revenue
$373.75 million
Beat/Miss
Beat by +$64.23 million
YoY Revenue Growth
+33.90%

Ameresco Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Ameresco Earnings Headlines

Brokerages Set Ameresco, Inc. (NYSE:AMRC) Price Target at $36.90
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Ameresco announces launch of Solstice microgrid project
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About Ameresco

Ameresco (NYSE:AMRC), a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. In addition, the company offers renewable energy solutions and services, such as the construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

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