EMCOR Group, Inc. Reports Third Quarter 2019 Results
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EMCOR Group (EME) Tops Q3 EPS by 2c, Revenues Beat; Raises FY19 EPS/Revenue Guidance
October 29, 2019 7:37 AM EDTEMCOR Group (NYSE: EME) reported Q3 EPS of $1.45, $0.02 better than the analyst estimate of $1.43. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.18 billion.
Record Third Quarter Revenues of $2.29 billion, 11.8% Increase Year-over-Year Record Third Quarter Diluted EPS from Cont. Operations of $1.45, 6.6% Increase Year-over-Year Year-To-Date Operating Cash Flow of $176.9 million, 168.5% Increase Year-over-Year Total Remaining Performance Obligations of $4.04 billion, 1.6% Increase Year-over-YearTony Guzzi, Chairman, President and Chief Executive Officer of EMCOR, commented, The Company had another excellent quarter, achieving record third quarter revenues, operating... More
