EMCOR Group, Inc. Revises Earnings Guidance for the Full-Year 2024
April 25, 2024 at 07:30 am EDT
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EMCOR Group, Inc. revised earnings guidance for the full-year 2024. Based on its first quarter 2024 performance, current operating conditions, and near-term visibility, the company is: Increasing its full-year 2024 revenue guidance range to $14.0 billion - $14.5 billion, an increase from the prior guidance range of $13.5 billion - $14.0 billion. Increasing its full-year 2024 diluted earnings per share guidance range to $15.50 - $16.50, an increase from the prior guidance range of $14.00 - $15.00.
EMCOR Group, Inc. is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services and industrial services. The Company provides services to a range of commercial, technology, manufacturing, industrial, healthcare, utility and institutional customers through approximately 100 operating subsidiaries, which specialize principally in providing construction services relating to electrical and mechanical systems in all types of facilities and in providing various services relating to the operation, maintenance and management of those facilities. Such operating subsidiaries are organized into five segments: United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, United States industrial services and United Kingdom building services. Its operating subsidiaries offer comprehensive and diverse solutions.