Record Quarterly Revenues of $3.67 billion, 20.4% Increase Year-over-Year Record Quarterly Diluted EPS of $5.25, 78.0% Increase Year-over-Year Remaining Performance Obligations of $9.0 billion, 8.6% Increase Year-over-Year Increases 2024 Revenue Guidance Range to $14.5 billion - $15.0 billion from $14.0 billion - $14.5 billion Increases 2024 Diluted EPS Guidance Range to $19.00 - $20.00 from $15.50 - $16.50 Operating income for the second quarter of 2024 was $332.8 million, or 9.1% of revenues, compared to ...

We executed at a fairly high burn rate on one of those sites as we hit peak manpower, and we hit peak scope, right? We're at the sweet spot on one of the major sites. And that's a good thing. You could see that in our cash flow, and you can see that in the execution and the drop-through in our mechanical business, especially when you get focused on high tech. As far as EVs, I've said this before, we were actually very careful of how we did this. We really led with fire, life safety. The structures are getti ...

This quarterly report represents an earnings surprise of 42.66%. A quarter ago, it was expected that this construction and maintenance company would post earnings of $2.92 per share when it actually produced earnings of $4.17, delivering a surprise of 42.81%. Emcor Group, which belongs to the Zacks Building Products - Heavy Construction industry, posted revenues of $3.67 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.45%. This compares to year-ago revenues of $3.05 bil ...

(Exact Name of Registrant as Specified in Its Charter) Table of Contents EMCOR Group, Inc. TABLE OF CONTENTS | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------|-------|-----------------------------|-------|---------------------| | ASSETS | | (Unaudited) June 30, 2024 | | December 31, 2023 | | Current assets: | | | | | | Cash and cash equivalents | $ | 807,318 | $ | 789,750 | | Accounts ...

EMCOR Group, Inc. (EME) is scheduled to report second-quarter 2024 results on Jul 25, before the opening bell. In the last reported quarter, the company posted stellar earnings on the back of operational excellence despite inflationary pressure. Its adjusted earnings per share (EPS) handily surpassed analysts' expectations by 42.8% and increased 79.7% from the year-ago quarter. Revenues also grew 18.7% year over year due to a continued strong mix and pipeline of projects in large and growing market sectors ...

When looking at the last two reports, this construction and maintenance company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 35.08%, on average, in the last two quarters. Price and EPS Surprise when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks C ...

EMCOR Group, Inc. (EME) shares surged 67.7% in the year-to-date period (YTD), outperforming the Zacks Building Products - Heavy Construction industry's 52.9% growth. The broader Construction sector rose 12.9% and the S&P 500 grew 16.1% in the same time frame. On a further impressive note, the stock outpaced its peers like Dycom Industries, Inc. (DY) , MasTec, Inc. (MTZ) and Fluor Corporation (FLR) , which surged 51.7%, 36.5% and 24.3%, respectively, in YTD. Image Source: Zacks Investment Research Investing ...

Emcor Group (EME) closed the most recent trading day at $375.46, moving +0.72% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.88%. Meanwhile, the Dow gained 0.08%, and the Nasdaq, a tech-heavy index, lost 1.95%. The upcoming earnings release of Emcor Group will be of great interest to investors. On that day, Emcor Group is projected to report earnings of $3.50 per share, which would represent year-over-year growth of 18.64%. Our research shows that these es ...

If you're looking for the best place to allocate your capital in the next few months, these companies present a lot of promise. Terel Miles is a contributing writer at InvestorPlace.com, with more than seven years of experience investing in the financial markets. Finding promising companies that have the potential to outperform the broader market is extremely challenging. Investors can look to sleeper stocks to buy that have been overlooked or undervalued by the market. Walmart (WMT) Walmart (NYSE:WMT), a h ...

In the latest market close, Emcor Group (EME) reached $363.84, with a +0.36% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.1%. Meanwhile, the Dow lost 0.08%, and the Nasdaq, a tech-heavy index, added 0.28%. Any recent changes to analyst estimates for Emcor Group should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positi ...