Emcor Group Inc Expected To Post Earnings Of $3.55 A Share: Earnings Preview
26/02/2024 13:55
* EMCOR Group Inc EME.N EME is expected to show a rise
in
quarterly revenue when it reports results on February 28 for
the period ending December 31 2023
* The Norwalk Connecticut-based company is expected to
report a
13.9% increase in revenue to $3.36 billion from $2.95 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 $3.55 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 $250.00, below its last closing price of $269.72.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 31 2022 2.27 2.27 2.63 Beat 15.8
Sep. 2.08 2.08 2.16 Beat 3.6
30 2022
Jun. 30 2022 1.66 1.68 1.99 Beat 18.6
Mar. 31 2022 1.62 1.61 1.39 Missed -13.8
Dec. 31 2021 1.91 1.89 1.89 Met 0.3
This summary was machine generated February 26 at 13:55 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)