EMCOR Group Q2 EPS $2.95 Beats $2.36 Estimate, Sales $3.05B Beat $3.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
EMCOR Group (NYSE:EME) reported Q2 earnings of $2.95 per share, beating the analyst consensus estimate of $2.36 by 25%. This is a 48.24% increase from the same period last year. The company also reported quarterly sales of $3.05 billion, beating the analyst consensus estimate of $3.01 billion by 1.33%, a 12.67% increase from the same period last year.
July 27, 2023 | 11:31 am
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POSITIVE IMPACT
EMCOR Group's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
EMCOR Group's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100