EMCOR Group, Inc. Reports First Quarter 2019 Results

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EMCOR Group (EME) Tops Q1 EPS by 19c, Revenues Beat; Raises FY19 EPS/Revenue Guidance

April 30, 2019 7:33 AM EDT

EMCOR Group (NYSE: EME) reported Q1 EPS of $1.28, $0.19 better than the analyst estimate of $1.09. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $1.99 billion.

Record First Quarter Revenues of $2.16 billion, 13.6% Increase Year-over-Year Record First Quarter Diluted EPS from Cont. Operations of $1.28, 36.2% Increase Year-over-Year Total Remaining Performance Obligations of $4.16 billion, 15.3% Increase Year-over-Year Increases 2019 Revenue Guidance Range to $8.5-$8.6 billion from $8.3-$8.4 billion Increases 2019 Diluted EPS Guidance Range to $5.00-$5.50 from $4.70-$5.40

Tony Guzzi, Chairman, President and Chief Executive Officer of EMCOR, commented, The Company... More