EMCOR Q4 profit beats estimates on revenue jump

EMCOR

26/02/2026 12:42

Overview

Construction services provider's Q4 revenue rose 19.7%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company completed sale of UK operations, impacting net income

Outlook

EMCOR expects 2026 revenue between $17.75 bln and $18.50 bln

Company forecasts 2026 diluted EPS of $27.25 – $29.25

EMCOR sees strong demand across sectors supporting 2026 outlook

Result Drivers

REVENUE GROWTH - EMCOR reported a 19.7% increase in Q4 revenue, driven by strong execution on complex projects

RECORD PERFORMANCE OBLIGATIONS - Remaining performance obligations reached $13.25 bln, a 31.2% increase, reflecting strong demand across sectors

SECTOR GROWTH - Significant growth in Network and Communications, Institutional, and Water and Wastewater sectors

Company press release: ID:nBwwFdQXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$4.51 bln
$4.28 bln (9 Analysts)
Q4 Adjusted EPS
Beat
$7.19
$6.68 (9 Analysts)
Q4 EPS
$9.68


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for EMCOR Group Inc is $732.50, about 8.6% below its February 25 closing price of $801.80

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)