NASDAQ$CECO
CECO Environmental Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
CECO Environmental reported fourth quarter and full year results, delivering continued quarterly bookings growth and sequential increases in revenue and margins.
CECO Environmental Corp. reported a revenue of $93.6 million for Q4 2021, compared to $82.9 million for the same period last year. The company's operating income increased to $5.3 million, up from $3.7 million year-over-year. Net income was $1.2 million, compared to $1.8 million in the prior year.
- Revenue increased to $93.6 million compared to $82.9 million year-over-year.
- Gross profit was $28.5 million with a 30.5% margin, compared to $26.2 million with a 31.6% margin year-over-year.
- Operating income increased to $5.3 million, compared to $3.7 million year-over-year.
- Bookings increased to $90.6 million, compared to $77.2 million year-over-year.
Headline financials
Revenue & EPS history
CECO · Revenue · Quarterly
$93.6M
Forward guidance
CECO expects to continue to reshape its portfolio to expand its leadership positions in industrial air, industrial water and to support the energy transition. The company expects to deliver solid organic sales growth and double-digit EBITDA growth in 2022, which will be enhanced by strategic, accretive acquisitions.
Tailwinds
- Continue to reshape portfolio.
- Expand leadership in industrial air.
- Expand leadership in industrial water.
- Support the energy transition.
- Deliver solid organic sales growth and double-digit EBITDA growth in 2022.
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 2021
-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
| Quarter | Report date | Reaction (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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