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Comfort Systems USA Q1 Net Income, Revenue Increase; Dividend Boosted; Shares Jump
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Comfort Systems USA Q1 Net Income, Revenue Increase; Dividend Boosted; Shares Jump
Apr 25, 2024 3:05 PM

05:45 PM EDT, 04/25/2024 (MT Newswires) -- Comfort Systems USA ( FIX ) reported Q1 net income late Thursday of $2.69 per diluted share, up from $1.59 a year earlier.

Four analysts polled by Capital IQ expected $2.

Revenue in the quarter ended March 31 rose to $1.54 billion from $1.17 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.47 billion.

Separately, the company increased its quarterly dividend $0.05 to $0.30 a share, payable May 24 to stockholders of record May 13.

Comfort Systems shares jumped 7.6% in after-hours activity.

Price: 335.02, Change: +23.62, Percent Change: +7.59

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