Emcor Group Inc Stock Price, News & Analysis

EMCOR Group (NYSE: EME) announced the election of Amy E. Dahl to its Board of Directors, effective December 18, 2024. Dahl, 50, currently serves as Vice President of International Business & Strategy at The Toro Company (NYSE: TTC), overseeing operations across 125+ countries. Her extensive experience spans strategic planning, legal compliance, mergers and acquisitions, and human resources.

Since joining Toro in 2007, Dahl has held various leadership positions including Vice President, General Counsel and Corporate Secretary. Prior to Toro, she practiced law specializing in securities, corporate governance, and M&A at Norton Rose Fulbright and Lathrop GPM. She holds a B.A. in Political Science from The University of Minnesota and a J.D. from The University of North Dakota School of Law.

EMCOR Group (NYSE: EME) has announced its participation in the UBS Global Industrials and Transportation Conference in Palm Beach, Florida. The company's leadership team, including Chairman, President and CEO Tony Guzzi, CFO Jason Nalbandian, and VP of Investor Relations Andy Backman, will engage in a fireside chat and one-on-one meetings on December 5th, 2024 at 8:00 a.m. EST. The discussion will be accessible via live audio webcast on EMCOR's website and will remain available for replay until January 6, 2025.

EMCOR Group (NYSE: EME) has announced its participation in the Baird 2024 Global Industrial Conference in Chicago. The company's leadership team, including Chairman, President and CEO Tony Guzzi, CFO Jason Nalbandian, and VP of Investor Relations Andy Backman, will engage in a fireside chat and one-on-one meetings. The event is scheduled for November 12th, 2024, with the fireside chat beginning at 9:30 a.m. EST. The discussion will be accessible via live audio webcast on EMCOR's website and will remain available for replay until December 13, 2024.

EMCOR Group reported strong third quarter 2024 results with record quarterly revenues of $3.70 billion, up 15.3% year-over-year. Net income reached $270.3 million, with diluted EPS of $5.80, a 62.5% increase from Q3 2023. The company achieved record remaining performance obligations of $9.79 billion, up 13.4% year-over-year. Operating income was $363.5 million, representing 9.8% of revenues. Based on strong performance, EMCOR adjusted its 2024 revenue guidance to at least $14.5 billion and increased its diluted EPS guidance to $20.50-$21.00.

EMCOR Group, Inc. (NYSE: EME) has announced the date for its third quarter 2024 earnings release and webcast. The company will release its financial results for the quarter ended September 30, 2024, on Thursday, October 31, 2024, before the market opens. An earnings conference call and webcast will be held on the same day at 10:30 am EDT to review the results and company operations.

The call will be hosted by Tony Guzzi (Chairman, President and CEO), Jason Nalbandian (Senior VP and CFO), and Andy Backman (VP of Investor Relations). Interested parties can access the webcast through EMCOR's website at www.emcorgroup.com. A replay of the webcast will be available two hours after the call and will remain accessible until December 1, 2024.

EMCOR Group, Inc. (NYSE: EME), a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure, and building services, has announced a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on October 30, 2024 to stockholders of record as of October 15, 2024. This announcement demonstrates EMCOR's commitment to returning value to its shareholders through consistent dividend payments.

EMCOR Group, Inc. (NYSE: EME) has announced its participation in the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference in Nashville, Tennessee. The event is scheduled for Thursday, September 19th, 2024. Key company representatives, including Tony Guzzi (Chairman, President and CEO), Jason Nalbandian (Senior VP and CFO), and Andy Backman (VP of Investor Relations), will engage in a fireside chat and one-on-one meetings.

The fireside chat is set to begin at 2:15 p.m. EDT and will be accessible via a live audio webcast on EMCOR's website. The webcast will remain available for replay until October 18, 2024. This participation offers investors and interested parties an opportunity to gain insights into EMCOR's operations and strategy directly from its top executives.

EMCOR Group (NYSE: EME) reported record second quarter 2024 results, with revenues of $3.67 billion, up 20.4% year-over-year. Net income rose to $247.6 million, or $5.25 per diluted share, a 78.0% increase from Q2 2023. The company's remaining performance obligations reached $9.0 billion, up 8.6% year-over-year. EMCOR increased its 2024 revenue guidance to $14.5-$15.0 billion and diluted EPS guidance to $19.00-$20.00. Strong performance was noted across segments, particularly in Mechanical and Electrical Construction. The company's CEO, Tony Guzzi, expressed confidence in EMCOR's trajectory, citing high demand for specialty contracting services and a robust pipeline.

EMCOR Group (NYSE: EME) has announced the release date for its financial results for the second quarter of 2024. The results, covering the period ending June 30, 2024, will be published on Thursday, July 25, 2024, before the market opens.

Following the release, the company will host an earnings conference call and webcast at 10:30 am EDT on the same day. The call will feature Tony Guzzi, Chairman and CEO, Jason Nalbandian, CFO, and Andy Backman, VP of Investor Relations.

Interested parties can access the webcast via EMCOR's website, with a replay available two hours post-call and accessible until August 25, 2024.