Comfort Systems USA Shares Rise on Div Boost, 1Q Rev Growth

Dow Jones04-24

By Elias Schisgall

Shares of Comfort Systems USA rose after the company boosted its quarterly dividend and recorded a $1 billion jump in revenue.

Shares were up 7.1% to $1,900.00 in after-hours trading Thursday. The stock closed up 2.9%, at $1,773.91, during the regular trading session.

The provider of commercial and industrial heating, ventilation and air conditioning services on Thursday reported a profit of $370.4 million, or $10.51 a share, compared with its profit of $169.3 million, or $4.75 a share, a year earlier.

Revenue rose to $2.87 billion, up from $1.83 billion in the year-ago quarter.

Analysts polled by FactSet were expecting a reported profit of $6.59 a share on revenue of $2.39 billion.

The company also raised its dividend 14% to 80 cents a share, up from 70 cents.

The new payout, equal to $3.20 a year, represents an annual yield of about 0.18% based on Thursday's closing price.

The dividend will be paid May 26 to shareholders of record as of May 15.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 23, 2026 17:49 ET (21:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The stock closed up 2.9%, at $1,773.91, during the regular trading session. \n\n\n  The provider of commercial and industrial heating, ventilation and air conditioning services on Thursday reported a profit of $370.4 million, or $10.51 a share, compared with its profit of $169.3 million, or $4.75 a share, a  year earlier. \n\n\n  Revenue rose to $2.87 billion, up from $1.83 billion in the year-ago quarter. \n\n\n  Analysts polled by FactSet were expecting a reported profit of $6.59 a share on revenue of $2.39 billion. \n\n\n  The company also raised its dividend 14% to 80 cents a share, up from 70 cents. \n\n\n  The new payout, equal to $3.20 a year, represents an annual yield of about 0.18% based on Thursday's closing price. \n\n\n  The dividend will be paid May 26 to shareholders of record as of May 15. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2026 17:49 ET (21:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629869607","isCrawlerRequest":true}