Comfort Systems USA, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 27, 2021 at 04:18 pm EDT
Share
Comfort Systems USA, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 833.9 million compared to USD 714.1 million a year ago. Net income was USD 46.3 million compared to USD 50.09 million a year ago. Basic earnings per share from continuing operations was USD 1.28 compared to USD 1.37 a year ago. Diluted earnings per share from continuing operations was USD 1.27 compared to USD 1.36 a year ago.
For the nine months, sales was USD 2,217.55 million compared to USD 2,157.7 million a year ago. Net income was USD 105.75 million compared to USD 107.3 million a year ago. Basic earnings per share from continuing operations was USD 2.91 compared to USD 2.93 a year ago. Diluted earnings per share from continuing operations was USD 2.9 compared to USD 2.92 a year ago.
Comfort Systems USA, Inc. provides mechanical and electrical contracting services. The Company operates through two segments: Mechanical and Electrical. The Mechanical segment principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, monitoring and fire protection. This segment also installs connecting and distribution elements, such as piping and ducting. The Electrical segment includes installation and servicing of electrical systems. The Company builds, installs, maintains, repairs and replaces mechanical, electrical and plumbing (MEP) systems throughout its approximately 44 operating units at 172 locations across the United States. It is also engaged in offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power and industrial sectors. It also provides mechanical construction services to the commercial and industrial sectors.
COMFORT SYSTEMS USA, INC. 
