EMCOR Group (EME) Misses Q1 EPS, Revenues Beats; Maintains FY Outlook

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Go back to EMCOR Group (EME) Misses Q1 EPS, Revenues Beats; Maintains FY Outlook

EMCOR Group, Inc. Reports First Quarter 2022 Results

April 28, 2022 7:30 AM EDT

- Record First Quarter Revenues of $2.59 billion, 12.5% Increase Year-over-Year -
- First Quarter Diluted EPS of $1.39 -
- Record Remaining Performance Obligations of $5.95 billion, 24.7% Increase Year-over-Year -
- Reaffirms 2022 Revenue and Diluted EPS Guidance Ranges -
- Board Authorizes Additional $200 Million Share Repurchase Program -

NORWALK, Conn.--(BUSINESS WIRE)-- EMCOR Group, Inc. (NYSE: EME) today reported results for the first quarter ended March 31, 2022.

For the first quarter of 2022, net income was $73.4 million, or $1.39 per diluted share, compared to $84.8 million, or $1.54 per diluted... More