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Ameresco posts 4Q profit

FRAMINGHAM, Mass. (AP) _ Ameresco (AMRC) on Tuesday reported fourth-quarter profit of $23.8 million.

On a per-share basis, the Framingham, Massachusetts-based company said it had profit of 52 cents. Earnings, adjusted for non-recurring gains, came to 48 cents per share.

The energy services company posted revenue of $211.1 million in the period.

For the year, the company reported profit of $37.5 million, or 82 cents per share. Revenue was reported as $717.2 million.

Ameresco expects full-year earnings in the range of 55 cents to 65 cents per share, with revenue in the range of $765 million to $800 million.

Ameresco shares have declined almost 3 percent since the beginning of the year. The stock has increased 39 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMRC at https://www.zacks.com/ap/AMRC