$CECO

Vestis (NYSE:VSTS) reported $661.7M Q2 revenue, down 1.8% YoY, missing estimates by 1.2% but beating EPS. CECO Environmental (NASDAQ:CECO) grew 53.7% YoY, beating estimates. Driven Brands (NASDAQ:DRVN) rose 6.8% YoY, in line with estimates. Cintas (NASDAQ:CTAS) grew 8.9% YoY, beating estimates. Tetra Tech (NASDAQ:TTEK) fell 3.9% YoY, beating estimates. Sector revenues beat consensus by 1.1%, with shares up 1.8% on average post-earnings.

CECO Environmental Corp. reported Q2 2026 record orders of $799M, a $1.82B backlog, and revenue of $285M, up 54% YoY. Adjusted EBITDA rose 73% to $40.2M. The company raised full-year guidance, targeting $1.3B-$1.375B in revenue and $200M-$225M in EBITDA. Management highlighted strong cash generation and early Thermon integration synergies, offset by higher leverage and acquisition costs.

CECO Environmental Corp. reported Q2 2026 earnings with revenue of $285.0 million, up 54% YoY, driven by the Thermon acquisition and strong demand in power generation and semiconductor markets. Orders surged 191% YoY to $798.5 million, backlog grew 164% to $1.82 billion, and adjusted EBITDA increased 73% to $40.2 million. The company raised its 2026 revenue and EBITDA guidance, citing strong order momentum and successful Thermon integration. Management noted risks related to Middle East conflict

Driven Brands (NASDAQ:DRVN) reported Q2 revenue of $507.4M, up 6.8% YoY, meeting expectations but missing full-year EPS guidance. Vestis (NYSE:VSTS) reported $661.7M revenue, down 1.8% YoY, missing estimates but beating EPS. Pitney Bowes (NYSE:PBI) reported $451.5M revenue, down 2.3% YoY, beating estimates and meeting full-year guidance. All three stocks declined post-earnings.

CECO Environmental reported Q2 revenue of $285 million (vs $278.9M est.), adjusted EPS of $0.47 (vs $0.33), and adjusted EBITDA of $40.2M (vs $38.72M). Management said backlog rose for 12 straight quarters and Thermon’s first month contributed. Full-year revenue guidance was raised to $1.34B midpoint from $970M; EBITDA guidance to $212.5M. Analysts asked about order momentum, margins, SG&A, and execution.

CECO Environmental shares rose about 5% after the company extended its post-earnings move following Q2 2026 results. CECO reported revenue of $285.0M (+54% YoY) and orders of $798.5M (+191%), lifting backlog above $1.8B. GAAP net loss was $34.8M, while adjusted EPS was $0.47 vs $0.26 consensus, and full-year guidance was raised after the Thermon Group acquisition.

T. Rowe Price Investment Management, Inc. filed an amended Schedule 13G/A for CECO Environmental Corp, reporting beneficial ownership of 2,153,953 shares of CECO common stock, or 3.7% of the outstanding class. The firm reported sole voting power over 2,147,618 shares and sole dispositive power over 2,153,953 shares, and stated it is a 5% or less holder.

American Century Investment Management, American Century Companies, and the Stowers Institute filed a Schedule 13G/A for CECO Environmental. They report passive beneficial ownership of 2,088,421 shares, or 3.6% of CECO common stock. The group reports sole voting power of 1,564,938 shares and sole dispositive power of 2,088,421 shares, with no shared power.

CECO Environmental shares rose about 5% after the company extended its post-earnings move following Q2 2026 results. CECO reported revenue of $285.0 million (+54% YoY), record orders of $798.5 million (+191%), and backlog above $1.8 billion. GAAP net loss was $34.8 million; adjusted EPS was $0.47 vs $0.26 consensus. CECO raised full-year 2026 revenue and adjusted EBITDA guidance after the Thermon acquisition.

CECO Environmental (NASDAQ: CECO) reported Q2 CY2026 revenue of $285 million, up 53.7% year on year and above analyst estimates, and adjusted EPS of $0.47, also above consensus. Full-year revenue guidance was raised to $1.34 billion at the midpoint, and adjusted EBITDA guidance to $212.5 million. Management cited Thermon integration, record orders and backlog, and demand across power generation, semiconductor, and industrial water markets.