secwatch.observer — SEC 8-K summary
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Issuer:     EMCOR Group, Inc. (EME)
CIK:        0000105634
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000105634-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

EMCOR Q3 revenue $3.21B (+13.5% YoY), EPS $3.57; raises FY23 guidance
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- GAAP diluted EPS $3.57, non-GAAP $3.61 vs $2.16 in Q3 2022; net income $169.4M.
- Record remaining performance obligations $8.64B, up 21.6% YoY from $7.10B.
- Raises FY23 non-GAAP EPS guidance to $12.25-$12.65 from $10.75-$11.25; revenue guidance ~$12.5B.
- U.S. Mechanical Construction rev +19.9% YoY with 10.4% op margin; U.S. Electrical +10.1% with 9.1% margin.
- U.S. Building Services rev +13.7% with 7.0% op margin; backlog driven by data centers, semiconductors, healthcare.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105634/000010563423000038/0000105634-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105634/000010563423000038/eme-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000105634-23-000038

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