Welcome to our dedicated page for Emcor Group news (Ticker: EME), a resource for investors and traders seeking the latest updates and insights on Emcor Group stock.
Emcor Group Inc (EME) delivers essential mechanical and electrical construction services across commercial, industrial, and institutional sectors. This news hub provides investors and industry professionals with centralized access to the company's official announcements and strategic developments.
Monitor earnings reports, major project awards, and operational updates from one of America's leading specialty contractors. Our curated collection ensures timely access to filings detailing EME's infrastructure projects, facilities management contracts, and market positioning in the building services sector.
Key updates include mechanical systems installations, electrical construction milestones, and facilities maintenance partnerships. The resource serves as a reliable channel for tracking the company's progress in critical sectors including healthcare, technology, and industrial infrastructure.
Bookmark this page for streamlined access to EME's latest financial disclosures and service expansion announcements. Check regularly for updates on how the company maintains its position as a leader in integrated building solutions.
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.
EMCOR Group (NYSE: EME) has announced a regular quarterly cash dividend of $0.25 per common share. This dividend will be paid on July 30, 2024, to stockholders of record as of July 15, 2024. EMCOR is recognized as a Fortune 500 leader in mechanical and electrical construction services, as well as industrial and energy infrastructure and building services. For more information, visit their website at www.emcorgroup.com.
EMCOR Group (NYSE: EME) has announced a $500 million increase in its share repurchase program, reflecting the company's confidence in its financial health and commitment to returning value to shareholders.
The authorization allows the company to buy back shares on the open market or through private transactions, depending on market conditions and regulatory requirements. There is no expiration date for the program, and it can be adjusted as needed.
CEO Tony Guzzi emphasized the company's strong free cash flow and financial position, along with its strategy to balance organic growth, strategic acquisitions, and shareholder returns.
EMCOR Group (NYSE: EME) has announced its participation in two upcoming investor conferences. Tony Guzzi, Chairman, President, and CEO; Jason Nalbandian, SVP and CFO; and Andy Backman, VP, Investor Relations, will host one-on-one meetings at the KeyBanc Industrials & Basic Materials Conference on May 29, 2024, and the Stifel 2024 Cross Sector Insight Conference on June 4, 2024. Both events will take place in Boston, Massachusetts. Interested investors should contact their respective representatives to schedule meetings. The latest investor presentation will be accessible on EMCOR’s website prior to these events.
