NYSE:EMEConstruction
EMCOR Group (EME) Stock Cools As Record Margins Meet Scale Up Risk
EMCOR Group stock slipped about 1% to roughly US$797 by the close, which is a muted reaction to what was essentially a margin and earnings statement. The company delivered Q2 diluted EPS of US$9.06 and revenue of US$5.15b, both strong numbers for a construction and services contractor that depends on execution at the project level.
The near term move suggests traders are catching their breath. The longer term question for you is whether these profit levels and the raised full year guidance...