Environmental solutions provider CECO Environmental (NASDAQ:CECO) will be reporting results tomorrow before the bell. Here’s what investors should know.
CECO Environmental beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $158.6 million, up 3.2% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ EPS estimates and full-year revenue guidance exceeding analysts’ expectations.
Is CECO Environmental a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting CECO Environmental’s revenue to grow 19.6% year on year to $151.1 million, improving from the 12.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.09 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CECO Environmental has missed Wall Street’s revenue estimates three times over the last two years.
Looking at CECO Environmental’s peers in the business services & supplies segment, some have already reported their Q1 results, giving us a hint as to what we can expect. UniFirst delivered year-on-year revenue growth of 1.9%, meeting analysts’ expectations, and Cintas reported revenues up 8.4%, in line with consensus estimates. UniFirst traded down 1.7% following the results while Cintas was up 6.6%.
Read our full analysis of UniFirst’s results here and Cintas’s results here.
Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the business services & supplies stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. CECO Environmental is down 12.5% during the same time and is heading into earnings with an average analyst price target of $34.60 (compared to the current share price of $19.94).
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