Ameresco Inc is a leading energy efficiency and renewable energy company that provides comprehensive solutions to enhance energy performance and sustainability for commercial, industrial, and government clients
The company specializes in developing and implementing innovative strategies that reduce energy consumption, lower costs, and promote the use of clean energy sources such as solar power and biomass. Through its focus on energy audits, renewable project management, and energy management services, Ameresco aims to create sustainable energy solutions that meet the evolving needs of its clients while contributing to a greener future.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and engineering industry, including Ameresco (NYSEAMRC) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the construction and engineering stocks, including MDU Resources (NYSEMDU) and its peers.
Energy and renewable energy projects company Ameresco (NYSEAMRC) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 49.4% year on year to $500.9 million. The company expects the full year’s revenue to be around $1.75 billion, close to analysts’ estimates. Its non-GAAP profit of $0.32 per share was 39.1% below analysts’ consensus estimates.
Ameresco's stock is rising as the company announces its participation in the GRIP Program for the Pu'uloa Microgrid project, enhancing energy resilience in Hawaii.
