CECO Environmental climbs after lifting 2026 revenue outlook
CECO•Shares rise after outlook increase and quarterly beat
** Shares of industrial solutions provider CECO Environmental rose 9% at $77.3 premarket.
** The company lifts 2026 revenue outlook to $1.3 bln-$1.375 bln, up from $1.275 bln-$1.375 bln.
** Co also posts Q2 rev of $284.96 mln, slightly beating analyst est. of $282.22 mln.
** Posts adj. EPS of 47 cents, beating analyst est. of 33 cents.
** Average rating of eight analysts on the stock is a "buy"; median PT at $110 - data compiled by LSEG.
** As of last close, CECO stock was up 18.5% YTD.
