AMRC Earnings Prediction
The chart below shows how AMRC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMRC sees a +3.32% change in stock price 10 days leading up to the earnings, and a +2.18% change 10 days following the report. On the earnings day itself, the stock moves by -1.13%. This data can give you a slight idea of what to expect for the next quarter's release.
AMRC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
500.87M
49.45%
14.36%
Gross Margin
15.40%
-18.90%
3.49%
Operating Margin
6.99%
12.02%
46.23%
Net Margin
3.40%
-45.34%
185.71%
EPS
0.33
-17.50%
266.67%
No Data Available
AMRC Earnings Analysis
Ameresco, Inc. Corporation (AMRC.N) Earnings Conference Call
Positive
Impressive Revenue and EBITDA Growth: Ameresco's diversified business model continued to yield impressive results, with over 40% growth in both revenue and adjusted EBITDA, driven by our continued focus on execution against a strong industry backdrop.
Energy Capacity Expansion: We also brought an additional 42 megawatts of energy assets into operation, bringing our total amount to a record 2,000 megawatts, already above our 200 megawatt guidance for the year.
Project Backlog Expansion: Our total project backlog grew by 22%, expanding our long-term contract visibility to $4.5 billion.
Contract Backlog Growth: We were also very successful with contract execution, as our contracted project backlog grew an impressive 56%, to a record $1.9 billion.
Strong Demand for Renewables: Our diversified customer base continued to show very strong demand for our renewables, energy efficiency, and resiliency offerings.
Negative
Project Backlog Expansion: Our total project backlog grew by 22%, expanding our long-term contract visibility to $4.5 billion.
Contracted Backlog Growth: Our contracted backlog grew an impressive 56%, to a record $1.9 billion.
Gross Margin Decline: Gross margin of 15.4% was lower, reflecting a larger contribution from lower margin projects, along with additional costs associated with the SCE projects as described during the previous quarter.
Non-GAAP EPS Analysis: Non-GAAP EPS was $0.32, as the additional contribution from our revenue growth was largely offset by higher interest and depreciation expenses.
Debt-to-EBITDA Ratio Decline: Our debt-to-EBITDA leverage ratio under our Senior Secured Credit Facility of 2.8 times continued to decline and remains below the covenant level of 3.5 times.
AMRC FAQs
How does AMRC typically perform around its earnings report dates?
Is Ameresco, Inc. (AMRC) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AMRC Earning Call Sentiment
Ameresco, Inc. (AMRC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AMRC.N
-10.51%Positive
The earnings call shows strong financial performance with a 49% revenue increase and 44% EBITDA growth. Despite lower gross margins, the guidance for increased revenue and EBITDA growth is optimistic. The Q&A section indicates strong demand and growth opportunities, especially in biofuels and utility markets, offsetting concerns about competitive pressures and interest rates. The lack of a share repurchase program or dividends is neutral. Given the small market cap, the stock is likely to react positively, within the 2% to 8% range.
