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EMCOR Group, Inc. - EME STOCK NEWS

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. (NYSE: EME) is a distinguished Fortune 500 company with estimated 2017 revenues of around $7.6 billion. As a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services, EMCOR is at the forefront of providing critical infrastructure systems. The company breathes life into new structures and sustains existing ones by expertly planning, installing, operating, maintaining, and protecting the sophisticated systems that create functional and efficient facility environments.

These systems include electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems. EMCOR's extensive reach spans virtually every sector of the economy, catering to a diverse range of businesses, organizations, and government entities.

With a unique blend of broad reach and local execution, EMCOR combines the strength of an industry leader with the local knowledge and care offered by its 170 locations. The company's approximately 33,000 skilled employees play a crucial role in delivering top-notch services, making EMCOR a top choice in its industry as recognized by leading business publications.

EMCOR's services are provided through about 100 operating subsidiaries, organized into key reportable segments: United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, United States industrial services, and United Kingdom building services. While a majority of the revenue is generated from the United States, EMCOR maintains a significant presence in the United Kingdom as well.

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EMCOR Group, Inc. declares $0.18 per share cash dividend
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EMCOR Group, Inc. executives to participate in fireside chat at D.A. Davidson conference
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EMCOR Group, Inc. (NYSE: EME) reported record quarterly revenues of $3.05 billion, a 12.5% increase year-over-year. Diluted EPS also reached a record at $2.95, a 48.2% increase year-over-year. Remaining performance obligations grew to $8.29 billion, a 28.2% increase year-over-year. The company also raised its 2023 diluted EPS guidance range to $10.75 - $11.25 from $9.25 - $10.00.
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EMCOR Group, Inc. (NYSE: EME) will release its Q2 2023 results on July 27, 2023. The company will host a conference call with Tony Guzzi, Mark Pompa, and Kevin Matz. The call can be accessed live on the company's website. A replay will be available until August 27, 2023.
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Dynalectric Arizona, a division of EMCOR Group, Inc., has opened a new turnkey electrical services and off-site fabrication facility in Mesa, AZ. The facility aims to expand Dynalectric Arizona's capabilities in the region and address supply chain challenges in the construction industry. It features a cutting-edge fabrication shop and over 180,000 square feet of warehouse space.
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EMCOR Group reported record first-quarter revenues of $2.89 billion, representing an 11.5% increase year-over-year. The diluted earnings per share (EPS) rose to $2.32, a substantial 66.9% increase compared to the prior year. Remaining performance obligations reached $7.87 billion, up 32.3% from $5.95 billion a year earlier. EMCOR also raised its 2023 diluted EPS guidance range to $9.25 to $10.00, improving from the previous range of $8.75 to $9.50. Operating income grew to $154.9 million, constituting 5.4% of revenues, up from 3.9% last year, despite increasing selling, general, and administrative expenses of $281.2 million.

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EMCOR Group, Inc. (NYSE: EME) has announced the release of its first quarter 2023 financial results for the period ending March 31, 2023, scheduled for April 27, 2023. The results will be discussed in a conference call hosted by CEO Tony Guzzi, CFO Mark Pompa, and EVP Kevin Matz, starting at 10:30 AM EDT. Investors can access the call live through a webcast on the company's website, with a replay available two hours post-call until May 27, 2023. EMCOR Group, a Fortune 500 company, specializes in mechanical and electrical construction, industrial and energy infrastructure, and building services.

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EMCOR Group, Inc. (NYSE: EME) has announced a quarterly cash dividend of $0.18 per common share. This dividend is set to be distributed on April 28, 2023, to stockholders recorded as of April 17, 2023. As a leader in mechanical and electrical construction services, EMCOR Group continues to prioritize shareholder value through regular dividend payouts, reflecting its robust financial health and commitment to returning profits to investors.

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FAQ

What is the current stock price of EMCOR Group (EME)?

The current stock price of EMCOR Group (EME) is $526.95 as of November 21, 2024.

What is the market cap of EMCOR Group (EME)?

The market cap of EMCOR Group (EME) is approximately 23.5B.

What does EMCOR Group, Inc. specialize in?

EMCOR specializes in mechanical and electrical construction, industrial and energy infrastructure, and building services.

How many employees does EMCOR Group, Inc. have?

EMCOR has approximately 33,000 skilled employees.

Where is EMCOR Group, Inc. headquartered?

EMCOR Group, Inc. is headquartered in Norwalk, Connecticut, USA.

What are the primary segments of EMCOR Group, Inc.?

The primary segments include United States electrical construction and facilities services, mechanical construction and facilities services, building services, industrial services, and United Kingdom building services.

Which sectors does EMCOR Group, Inc. serve?

EMCOR serves a broad range of sectors including commercial, technology, manufacturing, industrial, healthcare, utility, and institutional markets.

How large is EMCOR Group, Inc.'s network of locations?

EMCOR operates through 170 locations.

What type of systems does EMCOR Group, Inc. work on?

EMCOR works on systems such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation.

How does EMCOR Group, Inc. deliver its services?

EMCOR delivers its services through around 100 operating subsidiaries.

Is EMCOR Group, Inc. a publicly traded company?

Yes, EMCOR Group, Inc. is publicly traded on the NYSE under the symbol EME.

What notable financial milestone did EMCOR achieve in 2017?

In 2017, EMCOR achieved estimated revenues of approximately $7.6 billion.

EMCOR Group, Inc.

NYSE:EME

EME Rankings

EME Stock Data

23.53B
45.30M
1.52%
95.42%
1.52%
Engineering & Construction
Electrical Work
Link
United States of America
NORWALK