Emcor Group Inc Expected To Post Earnings Of $3.76 A Share: Earnings Preview

EMCOR

23/07/2024 17:30

* EMCOR Group Inc  EME.N   EME  is expected to show a rise
in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Norwalk Connecticut-based  company is expected to
report a
15.6% increase in revenue to $3.522 billion from $3.05 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 $3.76 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 $405.00​, above​ its last closing price of $375.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.85        2.84       4.17      Beat    47.1
 Jan. 1 2024   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.        1.81        1.80       2.32      Beat    29.1
 31 2023                                                
 Dec. 31 2022  2.27        2.27       2.63      Beat    15.8​
 Sep. 30 2022  2.08        2.08       2.16      Beat    3.6
 Jun. 30 2022  1.66        1.68       1.99      Beat    18.6
 This summary was machine generated July 23 at 16:30 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)