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, Inc. (NYSE: EME) will release its first quarter 2021 results for the period ending March 31, 2021, on April 29, 2021. The company will host a conference call that same day at 10:30 AM EDT, featuring key executives including CEO Tony Guzzi and CFO Mark Pompa. Investors can access the call via a webcast on EMCOR's website. A replay will be available two hours post-call, lasting until May 29, 2021. EMCOR is recognized as a Fortune 500 leader in mechanical and electrical construction services.
EMCOR Group, Inc. (NYSE: EME) has declared a regular quarterly cash dividend of $0.13 per common share, set to be paid on April 30, 2021. Stockholders on record as of April 16, 2021 will receive this dividend. EMCOR is recognized as a Fortune 500 leader in mechanical and electrical construction, energy infrastructure, and building services, reflecting its strong position in the industry.
EMCOR Group, Inc. (NYSE: EME) has finalized its acquisition of Dallas Mechanical Group, LLC (DMG), a prominent provider of mechanical construction services located in Dallas, TX. This acquisition enhances EMCOR’s Building Services segment, allowing for expanded energy-efficient installation, maintenance, and repair services across North Texas. DMG services various sectors, including commercial, healthcare, and government. EMCOR's leadership anticipates increased capabilities and synergies with DMG, aiming to broaden their innovative service offerings in the region.
Shambaugh & Son, a subsidiary of EMCOR Group, has completed a state-of-the-art cheese processing and whey drying facility for MWC, LLC. This facility, recognized with a 2021 Manufacturing Innovation Award, can process 25% of Michigan's milk and produces 850,000 pounds of cheese daily. The project involved significant technological advancements and a billion-dollar investment in the Michigan dairy industry. MWC is a joint venture of Glanbia plc, Select Milk Producers, and Dairy Farmers of America. The construction utilized advanced methods, integrating models from multiple vendors for seamless execution.
EMCOR Group, Inc. (NYSE: EME) has promoted Maxine Lum Mauricio to Executive Vice President, effective immediately. She will continue to serve as General Counsel and Corporate Secretary, overseeing legal, cybersecurity, and diversity initiatives. CEO Anthony J. Guzzi praised Mauricio's leadership and her critical role in strategic decision-making. She has been with the company since 2002 and held various positions, including Deputy General Counsel and General Counsel. Mauricio is also a board member of Novanta Inc. and holds degrees from Dartmouth College and Harvard Law School.
EMCOR Group, Inc. (NYSE: EME) reported its fourth quarter and full-year financial results for 2020, showing net income of $79.8 million, down from $86.9 million in Q4 2019. Revenue for Q4 decreased by 5.1% to $2.28 billion. Despite challenges, non-GAAP net income rose to $102.8 million. The company's operating income improved to $137.6 million, or 6.0% of revenues. Full-year revenues declined 4.1% to $8.80 billion. Looking ahead, EMCOR expects 2021 revenues between $9.2 billion and $9.4 billion and EPS of $6.20 to $6.70, reflecting cautious optimism.
EMCOR Group, Inc. (NYSE: EME) announced the election of Major General (U.S. Army, Retired) Ronald L. Johnson to its Board of Directors, effective March 1, 2021. With over 40 years of leadership experience, Johnson is Professor of Practice at Georgia Tech and has a background in the NBA as Senior Vice President, Referee Operations. His extensive military career includes serving as Deputy Commanding General in the U.S. Army. CEO Anthony J. Guzzi praised Johnson's strategic expertise, anticipating his contributions to growth and shareholder value.
EMCOR Group, Inc. (NYSE: EME) will announce its fourth quarter 2020 results on February 25, 2021. The conference call will start at 10:30 AM EST and will be hosted by CEO Tony Guzzi and CFO Mark Pompa, among others. The call will be available live via a webcast on their website, with a replay accessible two hours post-call until March 25, 2021. EMCOR is known for its capabilities in mechanical and electrical construction, industrial and energy infrastructure, and building services.
EMCOR Group, Inc. (NYSE: EME) has announced a regular quarterly cash dividend of $0.13 per common share, which will be disbursed on January 29, 2021. Stockholders of record as of January 19, 2021 will be eligible for this dividend. EMCOR Group is recognized as a Fortune 500 leader in mechanical and electrical construction services, along with industrial and energy infrastructure.
EMCOR Group, Inc. (NYSE: EME) has announced an increase in its quarterly dividend from $0.08 to $0.13 per share, effective January 29, 2021, for shareholders of record by January 19, 2021. The company projects an annualized dividend of $0.52 per share. CEO Tony Guzzi expressed confidence in EMCOR's financial strength and strategic investments for long-term growth. The firm emphasizes its strong balance sheet and consistent cash flow, which supports returning cash to shareholders while pursuing growth opportunities.
