earnings
confidence high
sentiment positive
materiality 0.85
EMCOR posts record Q4 revenue $3.44B and EPS $4.47; guides FY2024 EPS $14-15; dividend raised 39%
EMCOR Group, Inc.
2023-FY EPS reported
$13.31
revenue$12,582,873,000
- Q4 revenue $3.44B (+16.6% YoY); diluted EPS $4.47 (vs $2.63 in Q4 2022).
- Full-year revenue $12.58B (+13.6%); diluted EPS $13.31 (vs $8.10), non-GAAP $13.34.
- Record remaining performance obligations $8.85B, up 18.6% YoY.
- FY2024 guidance: revenue $13.5-14.0B, diluted EPS $14.00-15.00.
- Quarterly dividend raised to $0.25/share from $0.18/share (39% increase), starting Q2 2024.