Ameresco Q4 Profit Falls - Quick Facts

(RTTNews.com) - Ameresco, Inc. ( AMRC ), an energy efficiency and renewable energy company, posted lower fourth-quarter net income of $5.1 million, or $0.11 per share, compared with $8.4 million, or $0.19 per share a year back. On average, 4 analysts polled by Thomson Reuters expected earnings per share of $0.14 for the quarter. Analysts' estimates typically exclude one-time items.

Total revenue for the recent quarter was $156.6 million, down 16.9% from the prior year's $188.5 million for the same period in 2011. Analysts estimated revenues of $162.13 million for the quarter.

For fiscal 2013, Ameresco expects to earn net income in the range of $18 million - $22 million, on total revenue of $620 million - $670 million. Four analysts project 2013 earnings of $0.57 per share and revenue of $686.05 million.

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