The earnings call highlighted significant growth in backlog, bookings, revenue, and EBITDA, with a positive outlook for future growth across various markets. Although there are concerns about modest inflation and previous project delays, the overall performance and raised guidance indicate a strong and positive outlook.

Company Guidance -

Q3 2025

During the CECO Environmental Second Quarter 2025 Earnings Call, several financial metrics were highlighted, indicating a successful quarter with record-breaking figures. The company's backlog reached a new high of $688 million, marking a year-over-year increase of nearly $300 million or over 75%, and a sequential rise of approximately $80 million. New bookings for Q2 totaled $274 million, representing a 95% increase compared to the same period last year. The company's revenue for the quarter amounted to $185 million, reflecting a 35% increase year-over-year. Adjusted EBITDA rose by 45% to over $23 million, driven by strong gross margins and improved SG&A costs. The earnings per share (EPS) for Q2 was $0.24, up about 35% from the previous year. Additionally, CECO raised its full-year guidance for 2025, projecting bookings to range between $870 million and $930 million, and revenue between $725 million and $775 million, while maintaining its outlook for adjusted EBITDA and free cash flow.

Record Backlog Growth

Backlog grew to a new record, exiting the quarter at $688 million, which is up almost $300 million or more than 75% year-over-year.

Substantial Increase in Bookings

Q2 bookings reached $274 million, up 95% versus Q2 last year, marking the third consecutive quarter with bookings over $200 million.

Revenue and Adjusted EBITDA Growth

Revenue of $185 million in the quarter was up 35% year-over-year, while adjusted EBITDA at over $23 million was up 45% year-over-year.

Raised Annual Guidance

The company raised its 2025 annual guidance for orders and revenue, now expecting bookings to be between $870 million and $930 million and revenue between $725 million and $775 million.

Strong Performance in Diverse Markets

Growth was seen in power generation, semiconductor, industrial water, and natural gas infrastructure markets, all contributing to the strong performance.

Ceco Environmental (CECO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CECO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.27 / -	0.14	―	―	―
Jul 29, 2025	2025 (Q2)	0.18 / 0.24	0.2	20.00% (+0.04)
Apr 29, 2025	2025 (Q1)	0.08 / 0.10	0.11	-9.09% (>-0.01)
Feb 25, 2025	2024 (Q4)	0.23 / 0.27	0.28	-3.57% (-0.01)
Oct 29, 2024	2024 (Q3)	0.20 / 0.14	0.22	-36.36% (-0.08)
Jul 30, 2024	2024 (Q2)	0.16 / 0.20	0.15	33.33% (+0.05)
Apr 30, 2024	2024 (Q1)	0.11 / 0.11	0.1	10.00% (<+0.01)
Mar 05, 2024	2023 (Q4)	0.24 / 0.28	0.21	33.33% (+0.07)
Nov 07, 2023	2023 (Q3)	0.19 / 0.22	0.2	10.00% (+0.02)
Aug 08, 2023	2023 (Q2)	0.14 / 0.15	0.18	-16.67% (-0.03)

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

CECO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$34.71	$40.35	+16.25%
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%

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.

FAQ

When does Ceco Environmental Corp. (CECO) report earnings?

Ceco Environmental Corp. (CECO) is schdueled to report earning on Nov 10, 2025, Before Open (Confirmed).

What is Ceco Environmental Corp. (CECO) earnings time?

Ceco Environmental Corp. (CECO) earnings time is at Nov 10, 2025, Before Open (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 (Q3) is 0.27.

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