NASDAQ$CECO

CECO Environmental Corp · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported sequential increases in revenue, adjusted EBITDA, and bookings, demonstrating continued execution and improved momentum.

CECO Environmental Corp. reported its Q4 2020 financial results, showing sequential improvements in bookings, revenue, adjusted EBITDA, and operating margin expansion. The company's focus on delivering differentiated solutions in key environmental categories drove double-digit bookings growth in the fourth quarter. CECO enters 2021 with a healthy balance sheet, improving end markets and a continued focus on operational costs and execution.

  • Delivered sequential improvements in bookings, revenue, adjusted EBITDA and operating margin expansion.
  • Drove double-digit bookings growth in the fourth quarter.
  • Managed cost structure which yielded steady EBITDA despite year-over-year decline in revenues.
  • Enters 2021 with a healthy balance sheet, improving end markets and a continued focus on operational costs and execution.

Headline financials

Total Revenue

$82.9M

Previous: $89.4M-7.3%
EPS (adj)

$0.05

Previous: $0.24-79.2%
Orders

$77.2M

No prior period
Capital Expenditures

$1.07M

Previous: $1.91M-43.9%
Free Cash Flow

-$5.76M

Previous: $8.95M-164.4%
Net Income

$1.75M

Previous: $8.4M-79.1%
Operating Income

$3.69M

Previous: $7M-47.2%
Gross Profit

$26.2M

Previous: $30M-12.7%
Cash & Equivalents

$36M

Previous: $35.6M+1.1%
Total Assets

$419M

Previous: $409M+2.6%
Stock-Based Comp

$521K

Previous: -$16K+3356.3%

Revenue & EPS history

CECO · Revenue · Quarterly

$82.9M

Q4 2020-7.3%vs Q4 2019

Forward guidance

CECO enters 2021 with a healthy balance sheet, improving end markets and a continued focus on operational costs and execution. We are advancing our strategic growth process which will leverage our improved cost structure to drive sustainable shareholder value.

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 2020

Historical avgQ4 2020

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro