EMCOR Group, Inc. (NYSE:EME) 2Q20 Earnings Sneak Preview

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EMCOR Group, Inc. (NYSE:EME) is expected to report second quarter earnings results, before market open, on Monday 3rd August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.89 per share.

Looking ahead, the full year income are expected at $ 4.62 per share on the revenues of $ 8856.15 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 9,500.00 million ~ $ 9,700.00 million, where as bottomline are predicted in a range of $ 5.60 ~ $ 6.30 per share

Click Here For More Historical Outlooks Of EMCOR Group, Inc.

Previous Quarter Performance

EMCOR Group, Inc. reported income for the first quarter of $ 1.35 per share, from the revenue of $ 2,300.00 million. The quarterly earnings developed 31.25 percent compared with the same quarter last year. Wall street analysts are predicting, EME to report 1Q20 income of $ 1.34 per share from revenue of $ 2,300.00 million. The bottom line results beat street analysts by $ 0.01 or 0.75 percent, at the same time, top line results analysts by $ 0.00 million or .

Historical Earnings Performance
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Click Here For More Historical Earnings Of EMCOR Group, Inc.

Stock Performance

According to the previous trading day, closing price of EME was $ 68.50, representing a 63.68 % increase from the 52 week low of $ 41.85 and a 26.77 % decrease over the 52 week high of $ 93.54.

The company has a market capital of $ 3.76 billion and is part of the Industrials sector and Engineering & Construction industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.08 per share on July 8, 2020. The dividend were payable on July 30, 2020 to holders of record as of the close of business on July 20, 2020 and ex-dividend date on July 17, 2020.

Conference Call

EMCOR Group, Inc. will be hosting a conference call at 10:30 AM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.emcorgroup.com

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical and food processing, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, controls and filtration, central plant heating and cooling, plumbing, process, and piping systems; roadway and transit lighting, and fiber-optic lines; and heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems, as well as offers crane, rigging, and millwright; and steel fabrication, erection, and welding services.