EnerNOC Inc. Bottom Line Advances 59% In Q3

(RTTNews) - EnerNOC Inc. (ENOC) announced earnings for its third quarter that increased from last year.

The company said its bottom line came in at $20.63 million, or $0.65 per share. This was up from $12.99 million, or $0.44 per share, in last year's third quarter.

Analysts had expected the company to earn $0.08 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 22.8% to $167.78 million. This was down from $217.32 million last year.

EnerNOC Inc. earnings at a glance:

-Earnings (Q3): $20.63 Mln. vs. $12.99 Mln. last year. -Earnings Growth (Y-o-Y): 58.8% -EPS (Q3): $0.65 vs. $0.44 last year. -EPS Growth (Y-o-Y): 47.7% -Analysts Estimate: $0.08 -Revenue (Q3): $167.78 Mln vs. $217.32 Mln last year. -Revenue Change (Y-o-Y): -22.8%

-Guidance: Next quarter EPS guidance: $(-1.29) - $(-1.09) Next quarter revenue guidance: $40 - $50 Mln Full year EPS guidance: $(-1.99) - $(-1.79) Full year revenue guidance: $394 - $404 Mln