EMCOR Group, Inc. Reports Second Quarter 2020 Results

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EMCOR Group (EME) Tops Q2 EPS by 55c

August 3, 2020 7:34 AM EDT

EMCOR Group (NYSE: EME) reported Q2 EPS of $1.44, $0.55 better than the analyst estimate of $0.89. Revenue for the quarter came in at $2.01 billion versus the consensus estimate of $2.05 billion.

Second Quarter Revenues of $2.01 Billion, 13.3% Decrease Year-over-Year Second Quarter Diluted Loss Per Share of $(1.52), Non-GAAP Diluted EPS of $1.44 Record Second Quarter Operating Cash Flow of $355.6 Million Total Remaining Performance Obligations of $4.59 Billion, 8.6% Increase Year-over-Year Reintroduces 2020 Revenue and Diluted EPS Guidance Range

Tony Guzzi, Chairman, President and Chief Executive Officer of EMCOR, commented, We demonstrated excellent execution during these... More