EMCOR Q2 record: revenue $3.67B (+20%), EPS $5.25 (+78%), guides FY to $19-20 EPS

EMCOR Group, Inc.

2024-Q2 EPS reported $9.41 revenue$7,099,173,000

Record Q2 revenue $3.67B (+20.4% YoY); net income $247.6M vs $140.6M.
Diluted EPS $5.25 (+78% from $2.95); operating margin 9.1% vs 6.5%.
Remaining performance obligations $9.0B, up 8.6% YoY; backlog near record.
Mechanical Construction revenue +35% with record operating margin 12.9%; Electrical +18%.
FY2024 guidance raised: revenue $14.5-15.0B (from $14.0-14.5B), EPS $19.00-20.00 (from $15.50-16.50).

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