Ameresco (NYSE:AMRC) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Ameresco (NYSE:AMRC) issued its quarterly earnings data on Monday. The utilities provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07, FiscalAI reports. Ameresco had a net margin of 2.29% and a return on equity of 4.55%. The business had revenue of $581.03 million during the quarter, compared to analysts’ expectations of $556.09 million. During the same period last year, the company posted $0.88 EPS. The company’s revenue was up 9.1% on a year-over-year basis.

Here are the key takeaways from Ameresco’s conference call:

• Record Q4 revenue of $581 million (up 9% YoY) and improved margins, with management converting a $1.5 billion project backlog into revenue and maintaining total project backlog above $5 billion.
• Management issued 2026 guidance of roughly $2.1 billion revenue and $283 million adjusted EBITDA (midpoints), forecasting ~60% of 2026 revenue in H2 while flagging seasonal Q1 softness and higher interest/depreciation.
• Europe is a stated growth priority — expansion via opportunistic acquisitions and partnerships (including a 51% JV with TERNA) produced recent wins (e.g., Romania) and provides geographic diversification from U.S. policy risk.
• Recurring revenue strength — Ameresco placed 121 MW into service in 2025 (total operating assets ~838 MW), with ~$1.5 billion O&M backlog and management highlighting >$10 billion of long‑term revenue visibility.
• Near‑term headwinds and risks include the Q4 federal shutdown and severe weather that disrupted project timing (including an unrecoverable RNG freeze‑up), plus supply‑chain and tariff/lithium price volatility that management says is built into contracts and contingency planning.

Ameresco Stock Down 10.2%

Shares of AMRC opened at $27.80 on Wednesday. The firm has a market cap of $1.47 billion, a PE ratio of 33.49, a price-to-earnings-growth ratio of 1.07 and a beta of 2.53. The company’s fifty day moving average is $31.40 and its two-hundred day moving average is $32.28. Ameresco has a fifty-two week low of $8.49 and a fifty-two week high of $44.93. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.57.

Insiders Place Their Bets

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $34.15, for a total transaction of $536,155.00. Following the completion of the sale, the director owned 14,111 shares of the company’s stock, valued at approximately $481,890.65. The trade was a 52.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 16,645 shares of company stock valued at $568,297 in the last 90 days. 44.96% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ameresco

Hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming acquired a new stake in Ameresco during the 4th quarter worth approximately $27,000. Summit Securities Group LLC acquired a new position in Ameresco during the fourth quarter valued at approximately $55,000. Kemnay Advisory Services Inc. purchased a new stake in Ameresco during the fourth quarter worth approximately $69,000. Tower Research Capital LLC TRC grew its stake in Ameresco by 99.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock worth $53,000 after buying an additional 1,754 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Ameresco in the fourth quarter worth $175,000. 99.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AMRC shares. UBS Group increased their target price on Ameresco from $23.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Roth Mkm restated a “buy” rating on shares of Ameresco in a research report on Wednesday, December 3rd. Canaccord Genuity Group increased their price objective on Ameresco from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday. William Blair upgraded Ameresco to a “hold” rating in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group set a $45.00 target price on shares of Ameresco and gave the company a “buy” rating in a report on Tuesday, November 4th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameresco currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.90.

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.