Emcor Group: 4Q Earnings Snapshot
NORWALK, Conn. (AP) _ Emcor Group Inc. (EME) on Thursday reported fourth-quarter profit of $86.9 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $1.54.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.
The construction and maintenance company posted revenue of $2.4 billion in the period.
For the year, the company reported profit of $325.1 million, or $5.75 per share. Revenue was reported as $9.17 billion.
Emcor Group shares have dropped 8% since the beginning of the year. The stock has increased 12% in the last 12 months.