EMCOR Group (EME) Tops Q2 EPS by 27c; Raises Outlook

EMCOR Group (NYSE: EME) reported Q2 EPS of $1.99, $0.27 better than the analyst estimate of $1.72. Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.6 billion.

• Board Authorizes Additional $500 Million Share Repurchase Program -
• Board Approves Increase in Quarterly Dividend to $0.15 per share from $0.13 per share

GUIDANCE:

EMCOR Group sees Q3 2022 EPS of $7.30-$7.80, versus prior of $7.15-$7.85 and the consensus of $7.59. EMCOR Group sees Q3 2022 revenue of $10.8 billion, versus prior of $10.4-$10.7 billion and the consensus of $10.38 billion.

For earnings history and earnings-related data on EMCOR Group (EME) click here.

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