Latest news with #CECOEnvironmental
Yahoo
6 days ago
- Business
- Yahoo
Vestis Earnings: What To Look For From VSTS
Uniform rental provider Vestis Corporation (NYSE:VSTS) will be reporting results this Tuesday after market close. Here's what investors should know. Vestis missed analysts' revenue expectations by 4% last quarter, reporting revenues of $665.2 million, down 5.7% year on year. It was a softer quarter for the company, with a significant miss of analysts' EPS estimates. Is Vestis a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Vestis's revenue to decline 3.3% year on year to $675 million, a further deceleration from the 1.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.07 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vestis has missed Wall Street's revenue estimates five times over the last two years. Looking at Vestis's peers in the industrial & environmental services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. CECO Environmental delivered year-on-year revenue growth of 34.8%, beating analysts' expectations by 3.5%, and UniFirst reported revenues up 1.2%, falling short of estimates by 0.6%. CECO Environmental traded up 25.5% following the results while UniFirst was down 8.1%. Read our full analysis of CECO Environmental's results here and UniFirst's results here. Debates around the economy's health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the industrial & environmental services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Vestis is down 2.4% during the same time and is heading into earnings with an average analyst price target of $6.14 (compared to the current share price of $5.73). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-08-2025
- Automotive
- Yahoo
Earnings To Watch: Driven Brands (DRVN) Reports Q2 Results Tomorrow
Automotive services company Driven Brands (NASDAQ:DRVN) will be announcing earnings results this Tuesday before market open. Here's what investors should know. Driven Brands beat analysts' revenue expectations by 2.8% last quarter, reporting revenues of $516.2 million, up 7.1% year on year. It was a strong quarter for the company, with an impressive beat of analysts' EPS estimates and full-year revenue guidance meeting analysts' expectations. Is Driven Brands a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Driven Brands's revenue to decline 11.6% year on year to $540.8 million, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.34 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. Driven Brands has missed Wall Street's revenue estimates six times over the last two years. Looking at Driven Brands's peers in the industrial & environmental services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. CECO Environmental delivered year-on-year revenue growth of 34.8%, beating analysts' expectations by 3.5%, and UniFirst reported revenues up 1.2%, falling short of estimates by 0.6%. CECO Environmental traded up 25.5% following the results while UniFirst was down 8.1%. Read our full analysis of CECO Environmental's results here and UniFirst's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the industrial & environmental services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Driven Brands is down 5.9% during the same time and is heading into earnings with an average analyst price target of $21.31 (compared to the current share price of $16.71). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
04-08-2025
- Automotive
- Yahoo
Earnings To Watch: Driven Brands (DRVN) Reports Q2 Results Tomorrow
Automotive services company Driven Brands (NASDAQ:DRVN) will be announcing earnings results this Tuesday before market open. Here's what investors should know. Driven Brands beat analysts' revenue expectations by 2.8% last quarter, reporting revenues of $516.2 million, up 7.1% year on year. It was a strong quarter for the company, with an impressive beat of analysts' EPS estimates and full-year revenue guidance meeting analysts' expectations. Is Driven Brands a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Driven Brands's revenue to decline 11.6% year on year to $540.8 million, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.34 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. Driven Brands has missed Wall Street's revenue estimates six times over the last two years. Looking at Driven Brands's peers in the industrial & environmental services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. CECO Environmental delivered year-on-year revenue growth of 34.8%, beating analysts' expectations by 3.5%, and UniFirst reported revenues up 1.2%, falling short of estimates by 0.6%. CECO Environmental traded up 25.5% following the results while UniFirst was down 8.1%. Read our full analysis of CECO Environmental's results here and UniFirst's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the industrial & environmental services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Driven Brands is down 5.9% during the same time and is heading into earnings with an average analyst price target of $21.31 (compared to the current share price of $16.71). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Globe and Mail
15-07-2025
- Business
- Globe and Mail
CECO Environmental to Release Second Quarter Earnings and Host Conference Call on July 29
ADDISON, Texas, July 15, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced that it will report its second quarter of 2025 financial results on July 29, 2025, premarket. The Company will also host its earnings call starting at 8:30 a.m. Eastern Time (7:30 a.m. CT). The Company's financial results and presentation will be posted on its website at The details for the webcast are: When: Tuesday, July 29 at 8:30 a.m. Eastern Time Where: How: Live over the internet – Simply log on to the web at the address above Register to receive the dial-in info and a unique pin: A replay to the conference call will be available on the Company's website shortly after the live webcast has concluded. ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean, and more efficient solutions that help protect people, the environment and industrial equipment. In regions around the world, CECO works to improve air quality, optimize the energy value chain, and provide custom solutions for applications in power generation, petrochemical processing, refining, midstream gas transport and treatment, electric vehicle and battery production, metals and mineral processing, polysilicon production, battery recycling, beverage can production, and produced and oily water/wastewater treatment along with a wide range of other industrial applications. CECO is listed on Nasdaq under the ticker symbol "CECO." Incorporated in 1966, CECO's global headquarters is in Addison, Texas. For more information, please visit
Yahoo
15-07-2025
- Business
- Yahoo
CECO Environmental to Release Second Quarter Earnings and Host Conference Call on July 29
ADDISON, Texas, July 15, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced that it will report its second quarter of 2025 financial results on July 29, 2025, premarket. The Company will also host its earnings call starting at 8:30 a.m. Eastern Time (7:30 a.m. CT). The Company's financial results and presentation will be posted on its website at The details for the webcast are: When: Tuesday, July 29 at 8:30 a.m. Eastern Time Where: How: Live over the internet – Simply log on to the web at the address above Register to receive the dial-in info and a unique pin: A replay to the conference call will be available on the Company's website shortly after the live webcast has concluded. ABOUT CECO ENVIRONMENTALCECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean, and more efficient solutions that help protect people, the environment and industrial equipment. In regions around the world, CECO works to improve air quality, optimize the energy value chain, and provide custom solutions for applications in power generation, petrochemical processing, refining, midstream gas transport and treatment, electric vehicle and battery production, metals and mineral processing, polysilicon production, battery recycling, beverage can production, and produced and oily water/wastewater treatment along with a wide range of other industrial applications. CECO is listed on Nasdaq under the ticker symbol "CECO." Incorporated in 1966, CECO's global headquarters is in Addison, Texas. For more information, please visit Company Contact:Peter JohanssonChief Financial and Strategy Officer888-990-6670 Investor Relations Contact:Steven Hooser and Jean Marie YoungThree Part in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
