Emcor Group shares closed at $829.88, rising 1.9% and outperforming the S&P 500's 0.79% gain. The construction and maintenance company is expected to report earnings per share of $7.23 on revenue of $4.73 billion in its upcoming quarterly results, reflecting year-over-year growth of 7.59% and 9.88% respectively. Full-year consensus estimates stand at $29.37 per share and $19.02 billion in revenue, marking increases of 13.53% and 11.97% from the prior year. The Zacks Consensus EPS estimate has risen 1.3% over the past 30 days, and the stock currently holds a Zacks Rank of 2, or Buy. Emcor Group trades at a forward price-to-earnings ratio of 27.73, in line with its industry average.
EMCOR Group IncPositive earnings outlook with upward estimate revisions and a Buy rating from Zacks.