)
Overview
<ul>
<li>Energy infrastructure provider’s Q4 revenue rose 9% yr/yr, achieving record quarterly results</li>
<li>Adjusted EPS for Q4 beat analyst expectations</li>
<li>Adjusted EBITDA for Q4 slightly missed estimates</li>
</ul>
Outlook
<ul>
<li>Ameresco guides 2026 revenue between $2.0 bln and $2.2 bln</li>
<li>Company expects 2026 adjusted EBITDA between $270 mln and $295 mln</li>
</ul>
Result Drivers
<ul>
<li>PROJECT EXECUTION - Record quarterly revenue driven by focus on project execution and backlog conversion</li>
<li>ENERGY ASSET EXPANSION - Energy Asset revenue grew 5% due to expansion of operating asset portfolio</li>
<li>BACKLOG GROWTH - Awarded project backlog increased 13%, signaling strong customer demand Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Beat $0.39 $0.31
Adjusted (11
EPS Analysts
)
<h3>Q4 EPS $0.34</h3>
Q4 Net $18.40
Income mln
Q4 Slight $70 mln $70.30
Adjusted Miss* mln (10
EBITDA Analysts
)
Q4 Gross 16.20%
Margin
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 8 “strong buy” or “buy”, 4 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the renewable energy equipment &amp; services peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Ameresco Inc is $44.00, about 44.5% above its February 27 closing price of $30.46</li>
<li>The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 30 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</li>
</ul>

Ameresco Q4 adjusted EPS beats estimates