Emcor Group Inc Reports Results For The Quarter Ended In June: Earnings Summary

EMCOR

28/07/2022 14:32

* EMCOR Group Inc  EME.N  reported quarterly adjusted
earnings of
$1.99​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.68 per share.
    * Revenue rose 11.1% to $2.71 billion from a year ago;
analysts
expected $2.61 billion. 
    * EMCOR Group Inc's reported EPS for the quarter was $1.99​.
    * The mean earnings estimate of analysts had fallen by
about 6.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * EMCOR Group Inc shares had risen by 5.8% this quarter and
lost 14.5% so far this year.
    * The company reported quarterly net income of $100.66
million.
    * Wall Street's median 12-month price target for EMCOR Group
Inc
is $137.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.68           1.99           Beat
 Mar. 31 2022      1.61           1.39           Missed
 Dec. 31 2021      1.89           1.89           Met
 Sep. 30 2021      1.79           1.85           Beat