Market Overview

D.A. Davidson Sees Substantially Improved Earnings Above Expectations For Comfort Systems


In a report published Friday, D.A. Davidson analyst John B. Rogers reiterated a Neutral rating and $18.00 price target on Comfort Systems USA, Inc. (NYSE: FIX).

In the report, D.A. Davidson noted, "Reported EPS of $0.29 per share for the fourth quarter included an unusual tax impact that added $0.08 per share. Excluding the tax benefit, adjusted EPS of $0.21 still improved substantially from $0.15 last year and exceeded our estimate of $0.15 and consensus of $0.16. As shown in the attached variance model earnings were driven higher by 8% revenue growth and operating margin expansion (up 150bp) as well as the noted lower tax rate."

Comfort Systems closed on Thursday at $16.88.

Latest Ratings for FIX

Jul 2019UpgradesNeutralBuy
Mar 2019DowngradesBuyNeutral
Feb 2019MaintainsNeutralNeutral

View More Analyst Ratings for FIX
View the Latest Analyst Ratings

Posted-In: D.A. Davidson John B. RogersAnalyst Color Reiteration Analyst Ratings


Related Articles (FIX)

View Comments and Join the Discussion!

Latest Ratings

PNRJefferiesInitiates Coverage On
IPHIBank of AmericaMaintains80.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Finally Stable? Oil Set For First Monthly Gain Since June 2014

HSBC Initiates Unilever At Overweight