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Ceco Environmental (CECO)
NASDAQ:CECO
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 39.79%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
CECO Environmental reported strong financial performance with record bookings and backlog growth, supported by a robust sales pipeline. However, challenges such as tariff-related costs and lower-than-expected EBITDA margins due to increased expenses were also highlighted.Company Guidance
During CECO Environmental's first-quarter 2025 earnings call, the company reported record bookings of approximately $228 million, a 57% increase year-over-year, and highlighted a robust sales pipeline now exceeding $5 billion. The company's backlog reached $602 million, up 55% from the previous year. CECO maintained its full-year 2025 guidance, forecasting revenues between $700 million and $750 million, with adjusted EBITDA projected at $90 million to $100 million. Adjusted EPS was $0.10, above consensus, while adjusted EBITDA for the quarter was $14 million, slightly exceeding expectations. Despite uncertainties related to tariffs and supply chain costs, CECO has initiated price and productivity measures to mitigate potential impacts while benefiting from a geographically aligned supply chain.Record Bookings Achieved
CECO Environmental reported record Q1 bookings of approximately $228 million, marking a 57% increase year-over-year without a large order in power generation or produced water treatment markets.
Strong Backlog Growth
The company exited the quarter with a backlog of $602 million, up 55% year-over-year, and approximately $60 million higher sequentially, driven by another record quarter of new orders.
Increased Sales Pipeline
CECO's sales pipeline has grown from $4.5 billion to over $5 billion for the first time, including almost a dozen opportunities each greater than $50 million in value.
Revenue Growth
Q1 revenue reached $177 million, up 40% year-over-year, with 28% driven by recent acquisitions.
Positive Adjusted EPS
Adjusted EPS for the quarter was $0.10, which was above consensus.
Successful Acquisition Integration
The acquisition of Profire Energy is off to a strong start, producing high levels of bookings and revenues, and delivering on identified synergies.
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CECO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CECO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $19.20 | $22.34 | +16.35% |
Feb 25, 2025 | $22.65 | $24.51 | +8.21% |
Oct 29, 2024 | $26.31 | $22.56 | -14.25% |
Jul 30, 2024 | $30.01 | $28.11 | -6.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ceco Environmental (CECO) report earnings?
Ceco Environmental (CECO) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Ceco Environmental (CECO) earnings time?
Ceco Environmental (CECO) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CECO EPS forecast?
CECO EPS forecast for the fiscal quarter 2025 (Q2) is 0.18.
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