Group 1 - Emcor Group (EME) closed at $720.73, down 1.32% from the previous day, underperforming the S&P 500's loss of 0.43% [1] - Prior to the recent trading session, Emcor Group's shares had increased by 19.39%, significantly outperforming the Construction sector's gain of 5.6% and the S&P 500's gain of 0.89% [1] Group 2 - The upcoming earnings release for Emcor Group is projected to show earnings per share (EPS) of $6.68, a 5.7% increase year-over-year, with revenue expected to reach $4.28 billion, reflecting a 13.58% growth [2] - For the full year, analysts expect earnings of $25.25 per share and revenue of $16.76 billion, indicating a 17.33% increase in earnings but no change in revenue compared to last year [3] Group 3 - Recent revisions to analyst forecasts for Emcor Group are important as they indicate changing business trends, with positive revisions suggesting analyst optimism about profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Emcor Group as 2 (Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [5][6] Group 4 - Emcor Group has a Forward P/E ratio of 26.64, which is higher than the industry average Forward P/E of 25.93, indicating a premium valuation [7] - The Building Products - Heavy Construction industry, part of the Construction sector, holds a Zacks Industry Rank of 81, placing it in the top 34% of over 250 industries [7][8]
Emcor Group (EME) Registers a Bigger Fall Than the Market: Important Facts to Note