Form 8-K · Current Report · Filed 2024-07-25
EMCOR Group, Inc. Reports Strong Second Quarter 2024 Results
EMCOR Group, Inc. announced its second quarter 2024 financial results, reporting record quarterly revenues of $3.67 billion, a 20.4% increase year-over-year, and record quarterly diluted EPS of $5.25, a 78.0% increase year-over-year. The company also reported remaining performance obligations of $9.0 billion, an 8.6% increase year-over-year. EMCOR Group, Inc. increased its full-year 2024 revenue guidance range to $14.5 billion - $15.0 billion and its diluted earnings per share guidance range to $19.00 - $20.00.
- Filer
- Emcor Group Inc. EME · NYSE
- Filed
- Accession
- 0000105634-24-000031
- CIK
- 0000105634
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$356.73
Next session
+2.1%
Since filing
+123.5%
Latest close
$797.43
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Precedent
Previous filings from EME reporting the same item, with the next session's move:
Exhibits (1)
About Emcor Group Inc.
Emcor Group Inc., a prominent player in the construction services industry, specializes in mechanical and electrical construction, industrial and energy infrastructure, and building services. The primary function of Emcor Group is to provide comprehensive facilities solutions that encompass design, installation, operational support, and maintenance for a diverse set of systems. These systems include HVAC, electrical distribution, and plumbing, among others. Operating across various sectors such as healthcare, education, manufacturing, and government, Emcor Group plays a critical role in ensuring the functional integrity and efficiency of modern infrastructure. Notable for its ability to handle large-scale complex projects, the company emphasizes safety, reliability, and sustainability in its operations. Emcor's market significance is evident as it supports the backbone of essential services and contributes to the economic sustenance of the regions it operates in. Headquartered in Norwalk, Connecticut, Emcor Group Inc. has a historical presence tracing back to 1994, continuously evolving to meet the changing demands of infrastructure services with expert solutions.
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