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Comfort Systems USA Announces Acquisition


HOUSTON (BUSINESS WIRE) Aug 3, 2021
Comfort Systems USA, Inc. (NYSE: FIX) today announced that it has closed its previously announced transaction to acquire the Amteck, LLC family of companies (“Amteck”) headquartered in Lexington, Kentucky.
Amteck was founded in 1977 and provides electrical contracting solutions and services, including design and build, pre-fabrication and installation for core electric and low-voltage systems, as well as services for planned maintenance, retrofit and emergency work. Amteck is headquartered in Kentucky and focuses on the greater Southeastern United States, including Kentucky, Tennessee and the Carolinas.
Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are extremely happy to announce the closing of the Amteck acquisition, extending our family of companies and lines of business in the greater Southeastern United States. Amteck brings an exceptional set of capabilities and relationships, and ....

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Comfort Systems USA Inc (FIX) Q1 2021 Earnings Call Transcript


Operator
Good day, and welcome everyone to the Q1 2021 Comfort Systems USA Earnings Conference Call. My name is Matt, and I ll be your operator today. [Operator Instructions] I d like to advise all parties, this conference is being recorded.
And with that, I d like to hand over to Julie Shaeff, Chief Accounting Officer. Julie, please go ahead.
Julie Shaeff
Thanks, Matt. Good morning. Welcome to Comfort Systems USA s Fourth Quarter Earnings Call.
Our comments this morning, as well as our press releases contain forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. What we will say today is based on the current plans and expectations of Comfort Systems USA. Those plans and expectations include risks and uncertainties that might cause actual future activities and results of our operations to be materially different from those set forth in our comments. You can read a more detailed listing and commentary concerning our sp ....

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John Dorfman: Old Faithful screen has lived up to its name


John Dorfman
AP
 
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I’ve never seen the Old Faithful Geyser in Yellowstone National Park. But I’m grateful to it.
Years ago, I named one of my stock screens (computerized stock-picking aids) after it. And it has indeed served me faithfully.
I use the screen to help pick stocks for clients, and once a year I write a column featuring some stocks it highlights. On the previous 18 columns, the average 12-month gain has been 21.7%. That compares well with 8% for the Standard & Poor’s 500 Index over the same periods. ....

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Comfort Systems: 4Q Earnings Snapshot


HOUSTON Comfort Systems USA Inc. (FIX) on Thursday reported fourth-quarter profit of $42.8 million.
The Houston-based company said it had net income of $1.17 per share. Earnings, adjusted for non-recurring gains, came to 99 cents per share.
The heating, ventilation and air conditioning company posted revenue of $699 million in the period.
For the year, the company reported profit of $150.1 million, or $4.09 per share. Revenue was reported as $2.86 billion.
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Comfort Systems shares have increased 19% since the beginning of the year. The stock has increased 36% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIX at https://www.zacks.com/ap/FIX ....

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