Ameresco Inc (NYSE:AMRC) reported fourth-quarter financial results Monday after the bell. Here’s a look at the key highlights from the report.
- Ameresco shares are climbing with conviction. Why are AMRC shares rallying?
Ameresco Tops Estimates In Q4
Ameresco reported fourth-quarter revenue of $581.03 million, beating analyst estimates of $556.09 million, according to Benzinga Pro. The energy infrastructure solutions provider reported adjusted earnings of 39 cents per share, beating estimates of 31 cents per share.
Total revenue climbed 9% year-over-year driven by a continued focus on project execution. The company ended the period with $71.8 million in unrestricted cash.
“Ameresco’s diversified mix of building efficiency and energy infrastructure Project and Energy Asset solutions continues to address key issues facing our customers, notably increased energy costs, rapidly growing energy demand and the need for energy to be highly resilient to power mission critical operations,” said George Sakellaris, CEO of Ameresco.
“Our decades of experience and our track record of successful execution have strengthened our competitive position, making us a go-to solutions provider.”
Ameresco expects full-year 2026 revenue to be in the range of $2 billion to $2.2 billion versus estimates of $2.09 billion. The company sees full-year adjusted earnings of $1.10 to $1.35 per share versus estimates of $1.17 per share.
AMRC Shares Move Higher In Extended Trading
AMRC Price Action: Ameresco shares were up 3.53% in after-hours Monday, trading at $32 at the time of publication, according to Benzinga Pro.
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