Emcor Group: 3Q Earnings Snapshot
NORWALK, Conn. (AP) _ Emcor Group Inc. (EME) on Tuesday reported third-quarter net income of $81.8 million.
The Norwalk, Connecticut-based company said it had net income of $1.45 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.
The construction and maintenance company posted revenue of $2.29 billion in the period.
Emcor Group expects full-year earnings in the range of $5.65 to $5.75 per share, with revenue expected to be $9 billion.
Emcor Group shares have climbed 51% since the beginning of the year. The stock has increased 28% in the last 12 months.