Ameresco Posts Solid First Quarter Earnings Update

Image Source: Ameresco Inc – First Quarter of 2022 Earnings Press Release By Callum Turcan The rise of ESG investing and the political shift towards encouraging developments within the realm of green energy–from renewable energy projects to efforts to reduce water consumption and much more–has created numerous opportunities for investors. Ameresco Inc (AMRC) offers energy efficiency solutions, infrastructure upgrades, and renewable energy solutions to its customers. The company also operates some of the renewable energy facilities it helps develop such as solar farms and biogas plants. Ameresco provides its services all over the globe though the US remains its most important market (and the source of over 90% of its revenues). In the US, Ameresco will often help its clients … Read more

Ameresco Has Soared, Boosts Guidance (Again)

Image Shown: Shares of Ameresco Inc have boomed higher since we first wrote about the company on V.com back in August 2020. We include Ameresco as an idea in our ESG Newsletter portfolio and see ample room for further capital appreciation upside. By Callum Turcan On November 1, Ameresco Inc (AMRC) reported third-quarter 2021 earnings that missed top-line consensus estimates but beat bottom-line numbers. The company also raised its full-year guidance (again) for 2021 which saw it increase the midpoint of its revenue, gross margin, non-GAAP adjusted EBITDA, and non-GAAP EPS forecast. Ameresco also raised its full-year guidance for 2021 when it published its first quarter 2021 earnings report. We include Ameresco as an idea in the new ESG Newsletter … Read more