FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Ameresco (AMRC) on Thursday reported fourth-quarter earnings of $37.1 million.

On a per-share basis, the Framingham, Massachusetts-based company said it had profit of 70 cents. Earnings, adjusted for one-time gains and costs, were 88 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The energy services company posted revenue of $532.7 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $523.9 million.

Ameresco expects full-year earnings in the range of 70 cents to 90 cents per share, with revenue in the range of $1.85 billion to $1.95 billion.

Ameresco shares have dropped 22% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.33, a decrease of almost 10% in the last 12 months.

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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