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Comfort Systems USA, Inc. - FIX STOCK NEWS

Welcome to our dedicated news page for Comfort Systems USA (Ticker: FIX), a resource for investors and traders seeking the latest updates and insights on Comfort Systems USA.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Comfort Systems USA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Comfort Systems USA's position in the market.

News
Comfort Systems USA Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) reported strong financial results for the quarter and annual period ended December 31, 2023. Net income increased to $91.6 million for the quarter, with revenue reaching $1,357.6 million. Annual net income rose to $323.4 million, with revenue hitting $5.21 billion. Operating cash flow also showed significant growth, reflecting a successful year for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.59%
Tags
earnings
-
News
Comfort Systems USA Declares Quarterly Dividend
Rhea-AI Summary
Comfort Systems USA, Inc. (FIX) declared a quarterly dividend of $0.25 per share on its common stock, payable on March 19, 2024. The company is a leading provider of HVAC and electrical contracting services with 172 locations nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.59%
Tags
dividends
-
News
Comfort Systems USA Announces Fourth Quarter and Full Year 2023 Conference Call and Webcast
Rhea-AI Summary
Comfort Systems USA, Inc. (FIX) schedules quarterly conference call to discuss fourth quarter and full year 2023 financial results. The call will be held on February 23, 2024, at 10:00 a.m. Central Time, with results released on February 22, 2024. Participants can register to ask questions or access the webcast link for live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
none
News
The Stephens Group, LLC Announces Sale of Summit Industrial Construction, LLC
Rhea-AI Summary
The Stephens Group, LLC has closed the sale of Summit Industrial Construction, LLC to Comfort Systems USA, Inc. Summit is a specialty industrial mechanical contractor offering engineering, design-assist, and turnkey construction services. The company is currently deployed on several major chip fabrication projects and is a trusted supplier to some of the world’s largest advanced technology, power, and industrial companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
none
-
News
Crewe Capital Delivers Strategic Buyer for J & S Mechanical Contractors, Inc.
Rhea-AI Summary
Crewe Capital successfully facilitates the acquisition of J & S Mechanical Contractors, Inc. by Comfort Systems USA Inc. The acquisition aims to preserve the culture and values of J & S while allowing for continued growth and innovation in the Mountain West. Comfort Systems USA emerged as the ideal partner after a complex process that involved identifying a strong set of transactional opportunities. The partnership is expected to benefit J & S's shareholders, employees, and other stakeholders, ensuring the continuation of the company's legacy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
none
-
News
Comfort Systems USA Announces Acquisition
Rhea-AI Summary
Comfort Systems USA, Inc. (FIX) has closed the acquisition of Summit Industrial Construction, LLC, a specialty industrial mechanical contractor. Summit is expected to contribute annual revenues of $375-400 million and earnings of $35-40 million. The acquisition is expected to be neutral to slightly accretive to earnings per share in 2024 and 2025. Comfort Systems USA CEO, Brian Lane, expressed excitement over the acquisition and expects Summit to continue to innovate and grow as part of the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
acquisition
News
The Stephens Group, LLC Announces Sale of Summit Industrial Construction, LLC to Comfort Systems USA
Rhea-AI Summary
The Stephens Group, LLC has entered into a definitive agreement to sell Summit Industrial Construction, LLC to Comfort Systems USA, Inc. (NYSE: FIX). Summit is a specialty industrial mechanical contractor offering engineering, design-assist, and turnkey construction services. It serves the advanced technology, power, and industrial sectors, with capabilities in modular and site-based construction. Summit is currently deployed on several major chip fabrication projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
News
Comfort Systems USA Announces Acquisition
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) has agreed to acquire Summit Industrial Construction, LLC (Summit) headquartered in Houston, Texas. Summit is a specialty industrial mechanical contractor offering engineering, design-assist, and turnkey construction services of modular systems. The acquisition is expected to close in the first quarter of 2024. Summit is expected to contribute annualized revenues of approximately $360 million to $400 million and earnings before interest, taxes, depreciation, and amortization of $30 million to $45 million. The transaction is expected to expand and diversify Comfort Systems USA's modular construction offering, especially for advanced technology and heavy industrial customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
acquisition
-
News
Comfort Systems USA Reports Third Quarter 2023 Results
Rhea-AI Summary
Comfort Systems USA, Inc. reports strong Q3 2023 results with net income of $105.1 million and revenue of $1,378.1 million. Backlog increases by 32% year over year. Company expects strong results for Q4 and 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.55%
Tags
earnings
News
Comfort Systems USA Increases Quarterly Dividend
Rhea-AI Summary
Comfort Systems USA, Inc. (NYSE: FIX) announces a quarterly dividend increase of $0.025 per share, payable on November 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.55%
Tags
dividends
Stock FIX logo
Comfort Systems USA, Inc.

NYSE:FIX

FIX Rankings

#770 Ranked by Market Cap
#487 Ranked by Stock Gains
#2036 Ranked by Dividends

FIX Stock Data

10.98B
34.97M
1.7%
99.52%
3.04%
Electrical Contractors and Other Wiring Installation Contractors
Construction
Link
US
Houston

About FIX

comfort systems usa is a national heating, ventilation and cooling (hvac) company that offers you a single company to provide complete hvac service, anywhere, anytime. while comfort systems usa is young, our companies average nearly thirty years of experience each. our vast portfolio includes hvac work for virtually every type of building you encounter - from your neighborhood grocery or school, to your favorite museums, libraries, retailers and restaurants. our technical experts design, install and fine-tune hvac systems for downtown high-rises, hospitals, universities, and national hotels. we’re also behind the scenes at factories and industrial plants that produce everything from potato chips to computer chips. the advantages of working with a national leader of our size and scope far exceed what the industry has provided until now. by merging the talents of top hvac-related firms from around the country, comfort systems usa renders the widest range of technical expertise and servic