04:02 AM EDT, 08/06/2024 (MT Newswires) -- Ameresco ( AMRC ) reported Q2 adjusted earnings late Monday of $0.10 per diluted share, down from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.26.

Revenue for the quarter ended June 30 was $438 million, compared with $327.1 million a year earlier.

Analysts surveyed by Capital IQ expected $376.1 million.

The company said it now expects 2024 adjusted EPS to be between $1.15 and $1.35, compared with the prior outlook range of between $1.30 and $1.50. Analysts surveyed by Capital IQ expect $1.27.

Revenue for the year is now projected to be $1.70 billion to $1.80 billion, up from the previous guidance of $1.60 billion to $1.70 billion. Analysts surveyed by Capital IQ expect $1.69 billion.

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