EMCOR Group Inc (EME, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $3.77 billion, and the earnings are expected to come in at $4.98 per share. The full year 2024's revenue is expected to be $14.70 billion and the earnings are expected to be $19.53 per share. More detailed estimate data can be found on the Forecast page.
EMCOR Group Inc (EME, Financial) Estimates Trends
Revenue estimates for EMCOR Group Inc (EME) have remained steady at $14.70 billion for the full year 2024 and at $15.61 billion for 2025 over the past 90 days. Earnings estimates for EMCOR Group Inc (EME) have also remained steady at $19.53 per share for the full year 2024 and at $20.82 per share for 2025 over the past 90 days.
EMCOR Group Inc (EME, Financial) Reported History
In the previous quarter of June 30, 2024, EMCOR Group Inc's (EME) actual revenue was $3.67 billion, which beat analysts' revenue expectations of $3.52 billion by 4.13%. EMCOR Group Inc's (EME) actual earnings were $5.25 per share, which beat analysts' earnings expectations of $3.76 per share by 39.74%. After releasing the results, EMCOR Group Inc (EME) was down by -2.84% in one day.
EMCOR Group Inc (EME, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for EMCOR Group Inc (EME) is $415 with a high estimate of $430 and a low estimate of $400. The average target implies a downside of -4.99% from the current price of $436.79.
Based on GuruFocus estimates, the estimated GF Value for EMCOR Group Inc (EME, Financial) in one year is $239.84, suggesting a downside of -45.09% from the current price of $436.79.
Based on the consensus recommendation from 3 brokerage firms, EMCOR Group Inc's (EME, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
