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Emcor Group: 4Q Earnings Snapshot

February 25, 2021 GMT

NORWALK, Conn. (AP) _ Emcor Group Inc. (EME) on Thursday reported fourth-quarter net income of $79.8 million.

The Norwalk, Connecticut-based company said it had net income of $1.45 per share. Earnings, adjusted for pretax expenses, came to $1.86 per share.

The construction and maintenance company posted revenue of $2.28 billion in the period.

For the year, the company reported profit of $132.9 million, or $2.40 per share. Revenue was reported as $8.8 billion.

Emcor Group expects full-year earnings to be $6.20 to $6.70 per share, with revenue in the range of $9.2 billion to $9.4 billion.

Emcor Group shares have risen roughly 8% since the beginning of the year. The stock has risen 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EME at https://www.zacks.com/ap/EME