NASDAQ$CECO

CECO Environmental Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Solid fourth quarter and second half results demonstrated progress in 2019.

CECO Environmental Corp. reported its financial results for the fourth quarter of 2019, with revenue of $89.4 million and net income of $8.4 million. The company's backlog increased to $216.6 million.

  • Bookings of $67.7 million, compared with $72.8 million, adjusted for divestitures
  • Backlog of $216.6 million, compared with $182.1 million
  • Revenue of $89.4 million, compared with $93.9 million
  • Gross profit of $30.0 million (33.6% margin), compared with $29.8 million (31.7% margin)

Headline financials

Total Revenue

$89.4M

Previous: $93.9M-4.7%
EPS (adj)

$0.24

Previous: $0.02+1100.0%
Capital Expenditures

$1.91M

Previous: $1.19M+60.0%
Free Cash Flow

$8.95M

Previous: $17.1M-47.6%
Net Income

$8.4M

Previous: $932K+801.3%
Operating Income

$7M

Previous: $5.73M+22.2%
Gross Profit

$30M

Previous: $29.8M+0.9%
Cash & Equivalents

$35.6M

Previous: $43.7M-18.5%
Total Assets

$409M

Previous: $393M+4.1%
Stock-Based Comp

-$16K

Previous: $845K-101.9%

Revenue & EPS history

CECO · Revenue · Quarterly

$89.4M

Q4 2019-4.7%vs Q4 2018

Forward guidance

We are confident that the execution of our 4-3-3 strategic blueprint over the past two years has put CECO on the right path to accelerate growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.5%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

44%

27 / 61 earnings

Positive

+27.1%

Q2 2015

Best reaction

-18.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-18.1%-22.2%-21.4%
Q3 2025-9.2%-8.4%-2.7%
Q1 2025+16.4%+35.0%+42.4%
Q4 2024+8.2%+9.8%+8.4%
Q3 2024-6.5%-10.8%+21.2%
Q2 2024-2.7%-7.9%-5.6%
Q1 2024-13.4%-11.6%-2.0%
Q4 2023-12.0%-3.6%+1.7%
Q3 2023+5.0%+17.6%+18.1%
Q2 2023+17.1%+16.6%+18.0%
Q1 2023+0.2%-4.2%+7.8%
Q4 2022-3.8%-5.3%-18.5%
Q2 2022-3.8%-5.3%-18.5%
Q3 2022+1.3%+2.9%+1.3%
Q1 2022-1.1%-5.1%-13.9%
Q4 2021-1.1%+12.2%-9.4%
Q3 2021-8.1%-10.8%-16.5%
Q2 2021-2.7%+0.1%+9.5%
Q1 2021+0.6%+0.9%-10.0%
Q4 2020-0.2%+14.1%-0.2%
Q3 2020-7.5%-4.3%+11.2%
Q2 2020+10.9%+24.2%+19.5%
Q1 2020-1.5%-1.7%+17.3%
Q4 2019+4.7%-6.1%-29.3%
Q3 2019+5.8%+11.2%+10.9%
Q2 2019-0.6%-10.7%-19.5%
Q1 2019+0.2%+5.6%+7.8%
Q4 2018-0.6%+4.4%+1.5%
Q3 2018-1.2%-3.2%-0.4%
Q2 2018-0.6%+25.6%+21.9%
Q1 2018-1.9%+5.6%+5.6%
Q4 2017+1.0%+23.1%+12.9%
Q3 2017-3.4%-34.3%-45.5%
Q2 2017+2.3%-26.1%-21.4%
Q4 2016+0.6%-4.4%-3.3%
Q3 2016+20.3%+12.1%+52.4%
Q2 2016-5.5%+11.2%+18.4%
Q1 2016+2.8%
Q4 2015+1.1%
Q3 2015-0.5%
Q2 2015+27.1%
Q1 2015-5.0%
Q4 2014+0.2%
Q3 2014-7.3%
Q2 2014-1.1%
Q1 2014+6.6%
Q4 2013-0.6%
Q3 2013+1.9%
Q2 2013-10.5%
Q1 2013-3.4%
Q4 2012+4.2%
Q3 2012-18.0%
Q2 2012-5.2%
Q1 2011-8.1%
Q1 2012+1.1%
Q4 2011+0.9%
Q3 2011-4.1%
Q3 2010-4.1%
Q4 2010+0.9%
Q2 2011+0.9%
Q2 2010+0.9%

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