NYSE:AMRCConstruction
Ameresco (AMRC) Earnings Rebound Supported by One-Off Gain Challenges Quality Narrative
Ameresco (AMRC) delivered 18% earnings growth over the past year, reversing a five-year trend that saw average annual declines of 3.3%. Net profit margins ticked up slightly to 3.3% compared to last year's 3.2%, while a $25.5 million one-off gain factored into the most recent results and forward estimates see earnings outpacing the broader US market at 17.45% per year. Investors may weigh Ameresco's increased profits, slightly improving margins, and a price-to-earnings ratio of 30.4x that is...