Comfort Systems USA Shares Rise on Div Boost, 1Q Rev Growth

Dow Jones
04/24

By Elias Schisgall

 

Shares of Comfort Systems USA rose after the company boosted its quarterly dividend and recorded a $1 billion jump in revenue.

Shares were up 7.1% to $1,900.00 in after-hours trading Thursday. The stock closed up 2.9%, at $1,773.91, during the regular trading session.

The provider of commercial and industrial heating, ventilation and air conditioning services on Thursday reported a profit of $370.4 million, or $10.51 a share, compared with its profit of $169.3 million, or $4.75 a share, a year earlier.

Revenue rose to $2.87 billion, up from $1.83 billion in the year-ago quarter.

Analysts polled by FactSet were expecting a reported profit of $6.59 a share on revenue of $2.39 billion.

The company also raised its dividend 14% to 80 cents a share, up from 70 cents.

The new payout, equal to $3.20 a year, represents an annual yield of about 0.18% based on Thursday's closing price.

The dividend will be paid May 26 to shareholders of record as of May 15.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

April 23, 2026 17:49 ET (21:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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