Emcor Group (EME) reported Q3 non-GAAP earnings Thursday of $5.80 per diluted share, up from $3.61 a year earlier.
Two analysts polled by Capital IQ expected $4.97.
Revenue for the quarter ended Sept. 30 was $3.70 billion, up from $3.21 billion a year earlier.
Two analysts surveyed by Capital IQ expected $3.79 billion.
For 2024, the company said it now expects diluted EPS of $20.50 to $21.00, up from its prior outlook of $19 to $20. Two analysts polled by Capital IQ expect $19.55.
Revenue for the year is now expected to be at least $14.5 billion, compared with the prior range of $14.5 billion to $15 billion. Two analysts surveyed by Capital IQ expect $14.76 billion.
Price: 436.40, Change: +4.63, Percent Change: +1.07
Comments