EMCOR Group Full Year 2024 Earnings: EPS Beats Expectations

EMCOR Group (NYSE:EME) Full Year 2024 Results

Key Financial Results

• Revenue: US$14.6b (up 16% from FY 2023).
• Net income: US$1.01b (up 59% from FY 2023).
• Profit margin: 6.9% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$21.61 (up from US$13.37 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

EMCOR Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Construction industry in the US.

Performance of the American Construction industry.

The company's shares are down 3.2% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates EMCOR Group could be a good place to look. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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