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Comfort Systems USA

September 22, 2008 | Comments: 0
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FIX
Comfort Systems USA, Inc. (FIX - Snapshot Report) has seen upward earnings estimate revisions from the analyst community. The company’s share price has held up relatively well during last week’s turbulence.

Analyst estimates for the current year increased from the two months-ago forecasts of $1.17 per share to $1.25. For 2009, Wall Street is projecting $1.33 per share, versus the two months-ago level of $1.25.

FIX’s share price is around the same is trading around the same level it was when previously featured in early September, outperforming the broader market.

The Zacks #1 Rank (“strong buy”) company recently increased its stock repurchase program and bought Delcard Associates, Inc. ("Delcard"), a full service commercial HVAC company based in Wilmington, Delaware.

Comfort Systems said Delcard had 2007 revenues of approximately $45 million, adding that it believes Delcard will make a strong contribution to continuing operations.

Read our Sep 02, 2008 update.

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