EMCOR Q2 revenue record $2.44B (+21% YoY); EPS $1.78; raises FY guidance

EMCOR Group, Inc.

2021-Q2 EPS reported $3.32 revenue$4,741,715,000

Record quarterly revenue of $2.44B, up 21.0% YoY, with 18.4% organic growth.
Diluted EPS $1.78 vs net loss of $(1.52) last year; non-GAAP EPS was $1.44 in Q2 2020.
Remaining performance obligations hit record $5.11B, up 11.2% YoY.
U.S. Construction segments combined revenue +20.6% and operating income +23.7% YoY.
2021 revenue guidance raised to ~$9.5B (from $9.2-9.4B); EPS guidance raised to $6.65-7.05 (from $6.35-6.75).

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