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

EMCOR

26/10/2023 14:33

* EMCOR Group Inc  EME.N  reported quarterly adjusted
earnings of
$3.57​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
$2.72 per share.
    * Revenue rose 13.5% to $3.21 billion from a year ago;
analysts
expected $3.15 billion. 
    * EMCOR Group Inc's reported EPS for the quarter was $3.57​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * EMCOR Group Inc shares had fallen by 8.9% this quarter and
gained 29.4% so far this year.
    * The company reported quarterly net income of $169.41
million.
    * Wall Street's median 12-month price target for EMCOR Group
Inc
is $237.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      2.72           3.57           Beat
 Jun. 30 2023      2.36           2.95           Beat
 Mar. 31 2023      1.80           2.32           Beat
 Dec. 31 2022      2.27           2.63           Beat