AMRC - Ameresco Q1 results mixed co reaffirms FY 2023 guidance
2023-05-01 16:30:15 ET
- Ameresco press release ( NYSE: AMRC ): Q1 Non-GAAP EPS of $0.03 misses by $0.01 .
- Revenue of $271M (-42.8% Y/Y) beats by $39.39M .
- Total backlog increased 13% sequentially, with $472M in new awards.
- Reaffirms 2023 guidance.
- AMRC had guided FY 2023 revenue of $1.45B to $1.55B. The consensus revenue estimate is $1.49B.
- AMRC had guided FY 2023 adj. EPS of $1.80 to $1.90. The consensus EPS estimate is $1.77.
- Sees Q2 2023 revenue of $280 million to $300 million. The consensus revenue estimate is $348.39M.
- Sees Q2 2023 adj. EPS of $0.10 to $0.20. The consensus EPS estimate is $0.39.
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Ameresco Q1 results mixed, co reaffirms FY 2023 guidance