Emcor Group Inc Expected To Post Earnings Of $2.84 A Share: Earnings Preview

EMCOR

23/04/2024 15:29

* EMCOR Group Inc  EME.N   EME  is expected to show a rise
in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Norwalk Connecticut-based  company is expected to
report a
11.5% increase in revenue to $3.224 billion from $2.89 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for EMCOR Group Inc is for
earnings of $2.84 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for EMCOR Group
Inc
is $362.50​, above​ its last closing price of $332.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  3.65        3.55       4.47      Beat    26
 Sep. 30 2023  2.71        2.72       3.57      Beat    31.5
 Jun. 30 2023  2.36        2.36       2.95      Beat    25.1​
 Mar. 31 2023  1.81        1.80       2.32      Beat    29.1
 ​​Dec.        2.27        2.27       2.63      Beat    15.8
 31 2022                                                
 Sep. 30 2022  2.08        2.08       2.16      Beat    3.6​
 Jun. 30 2022  1.66        1.68       1.99      Beat    18.6
 Mar. 31 2022  1.62        1.61       1.39      Missed  -13.8
 This summary was machine generated April 23 at 14:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)