$Comfort Systems USA(FIX.US) is a cash flow machnie.
- Rev $3.27B (+50%), first $3B quarter ever. - EPS $12.53 vs ~$10.40. - Operating cash flow ~$1.14B in one quarter.- Backlog ~$14.1B, up ~73% YoY. - Gross margin expanded. - Same-store growth still strong.Why I think it didn’t rip harder / sold off some? Because the stock already ran hard into the print. When expectations are sky high, even a monster quarter can be “sell the news.” Nothing in the fundamentals looked broken to me. Valuation and positioning did the work.What to expect? Backlog says the work is still there into 2027. This should go much higher if data center / industrial HVAC electrical demand holds. Prefer strength after digestion over chasing a post earnings flush.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments