A number of stocks fell in the afternoon session after markets pulled back with the decline concentrated in the tech space as investors engaged in profit-taking following a robust week that saw the S&P 500 hit a new record.
Companies that burn cash at a rapid pace can run into serious trouble if they fail to secure funding.
Without a clear path to profitability, these businesses risk dilution, mounting debt, or even bankruptcy.
Looking back on industrial & environmental services stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Pitney Bowes (NYSE:PBI) and its peers.
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
Shares of environmental solutions provider CECO Environmental (NASDAQ:CECO) jumped 3.1% in the morning session after Needham raised its price target on the stock while maintaining its "Buy" rating. Analyst James Ricchiuti from Needham increased the price target to $52.00 from $44.00, representing an 18.2% increase. The firm also maintained its "Buy" rating on the stock. This move signals the analyst's confidence in CECO Environmental's potential for growth. The higher price target suggests a belief in a greater upside for the shares, which likely fueled investor optimism and drove the stock higher.
A number of stocks fell in the morning session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at UniFirst (NYSE:UNF) and the best and worst performers in the industrial & environmental services industry.
Environmental solutions provider CECO Environmental (NASDAQ:CECO) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 34.8% year on year to $185.4 million. The company’s full-year revenue guidance of $750 million at the midpoint came in 2.5% above analysts’ estimates. Its non-GAAP profit of $0.24 per share was 35.8% above analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after a key inflation report met expectations, bolstering hopes for a Federal Reserve interest rate cut, while a separate report indicated rising optimism among small businesses. The July Consumer Price Index (CPI) report showed annual inflation holding steady at 2.7%, aligning with forecasts and increasing the probability of a Federal Reserve interest rate cut to over 94%. Lower interest rates can stimulate the economy by making it cheaper for businesses to borrow and invest.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial & environmental services industry, including CECO Environmental (NASDAQ:CECO) and its peers.
Three unassuming companies in the small- and mid-cap categories notched major earnings wins midway through 2025, and there may be time to catch the rally.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Shares of environmental solutions provider CECO Environmental (NASDAQ:CECO) jumped 14.2% in the morning session after it reported strong second-quarter results that beat analyst expectations and raising its full-year guidance. The environmental solutions provider posted adjusted earnings per share of $0.24, which significantly surpassed Wall Street estimates. Revenue for the quarter also impressed, coming in at $185.4 million, a 35% increase from the prior year and ahead of consensus forecasts. The strong performance was driven by a massive 95% year-over-year surge in new orders, which pushed the company's backlog to a record high of $688.1 million. In light of these powerful results, CECO raised its full-year revenue outlook to a range of $725 million to $775 million.
Environmental solutions provider CECO Environmental (NASDAQ:CECO) announced better-than-expected revenue in Q2 CY2025, with sales up 34.8% year on year to $185.4 million. The company’s full-year revenue guidance of $750 million at the midpoint came in 3.2% above analysts’ estimates. Its non-GAAP profit of $0.24 per share was 35.8% above analysts’ consensus estimates.
Environmental solutions provider CECO Environmental (NASDAQ:CECO) will be announcing earnings results this Tuesday before the bell. Here’s what to expect.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Let’s dig into the relative performance of ABM (NYSE:ABM) and its peers as we unravel the now-completed Q1 industrial & environmental services earnings season.
