earnings
confidence high
sentiment positive
materiality 0.80
EMCOR reports record Q2 revenue $2.71B (+11.1% YoY), raises FY2022 guidance
EMCOR Group, Inc.
2022-Q2 EPS reported
$3.36
revenue$5,299,937,000
- Revenue $2.71B (record), net income $100.7M, diluted EPS $1.99 (record) vs. $1.78 YoY.
- Remaining performance obligations $6.46B, +26.5% YoY.
- FY2022 revenue guidance raised to ~$10.8B; EPS guidance $7.30-$7.80.
- Board authorizes additional $500M share buyback program.
- Quarterly dividend increased to $0.15/share from $0.13 (payable Oct 31, 2022).