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Stock impact report

Unpacking Q4 Earnings: Ameresco (NYSE:AMRC) In The Context Of Other Construction and Engineering Stocks [Yahoo! Finance]

Ameresco, Inc. Class A (AMRC) 
Last ameresco, inc. class a earnings: 3/2 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ameresco.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Construction and engineering companies not only boast technical know-how in specialized areas but also may hold special licenses and permits. Those who work in more regulated areas can enjoy more predictable revenue streams - for example, sprinkler systems need to be maintained every three years. More recently, services addressing energy efficiency and labor availability are also creating incremental demand. But like the broader industrials sector, construction and engineering companies are at the whim of economic cycles as external factors like interest rates can greatly impact the new construction that drives topline performance for these companies. The 19 construction and engineering stocks we track reported a very strong Q4. As a group, revenues beat analysts' consensus estimates by 4.4% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10.1% since the latest earnings results. Show less Read more
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