EMCOR Group, Inc. (NYSE:EME) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Last week saw the newest full-year earnings release from EMCOR Group, Inc. (NYSE:EME), an important milestone in the company's journey to build a stronger business. The result was positive overall - although revenues of US$15b were in line with what the analysts predicted, EMCOR Group surprised by delivering a statutory profit of US$21.52 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for EMCOR Group

Taking into account the latest results, the current consensus from EMCOR Group's six analysts is for revenues of US$16.3b in 2025. This would reflect a solid 12% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 6.4% to US$23.56. In the lead-up to this report, the analysts had been modelling revenues of US$15.8b and earnings per share (EPS) of US$23.28 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.

It may not be a surprise to see thatthe analysts have reconfirmed their price target of US$520, implying that the uplift in revenue is not expected to greatly contribute to EMCOR Group's valuation in the near term. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on EMCOR Group, with the most bullish analyst valuing it at US$600 and the most bearish at US$445 per share. This is a very narrow spread of estimates, implying either that EMCOR Group is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of EMCOR Group'shistorical trends, as the 12% annualised revenue growth to the end of 2025 is roughly in line with the 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 7.7% annually. So it's pretty clear that EMCOR Group is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at US$520, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple EMCOR Group analysts - going out to 2027, and you can see them free on our platform here.

We also provide an overview of the EMCOR Group Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.