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

EMCOR

27/04/2023 15:19

* EMCOR Group Inc  EME.N  reported quarterly adjusted
earnings of
$2.32​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.80 per share.
    * Revenue rose 11.5% to $2.89 billion from a year ago;
analysts
expected $2.87 billion. 
    * EMCOR Group Inc's reported EPS for the quarter was $2.32​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * EMCOR Group Inc shares had fallen by 2.9% this quarter and
gained 6.6% so far this year.
    * The company reported quarterly net income of $111.47
million.
    * Wall Street's median 12-month price target for EMCOR Group
Inc
is $194.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 02:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.80           2.32           Beat
 Dec. 31 2022      2.27           2.63           Beat
 Sep. 30 2022      2.08           2.16           Beat
 Jun. 30 2022      1.68           1.99           Beat