EMCOR Q3 Profit Rises to $9.04 Per Share as Revenue Jumps 28.8% to $5.54 Billion
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EMCOR Group Inc. (EME) reported higher third-quarter earnings, with net income of $399.93 million, or $9.04 per share, up from $295.37 million, or $6.57 per share, in the same period last year. Excluding items, the company posted adjusted earnings of $424.67 million, or $9.60 per share. Revenue for the quarter rose 28.8% to $5.541 billion from $4.301 billion a year earlier. The company issued full-year guidance of $34.50 to $35.50 in earnings per share and revenue of $20.6 billion to $21.0 billion.
ByTicklex Editorial