EMCOR Group Q1 2024 GAAP EPS $4.17 Beats $2.84 Estimate, Sales $3.430B Beat $3.224B Estimate
Portfolio Pulse from Benzinga Newsdesk
EMCOR Group (NYSE:EME) reported Q1 2024 earnings of $4.17 per share, surpassing the $2.84 estimate by 46.83%, with sales of $3.430B exceeding the $3.224B estimate by 6.40%. This represents an 18.69% increase in sales compared to the same period last year.
April 25, 2024 | 11:31 am
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EMCOR Group reported a significant beat on both earnings per share and sales for Q1 2024, indicating strong financial performance.
The substantial beat on both earnings per share and sales forecasts for EMCOR Group suggests a strong financial health and operational efficiency, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100