Emcor (EME) Scheduled to Post Earnings on Wednesday

Emcor (NYSE:EME) will be posting its quarterly earnings results before the market opens on Wednesday, April 25th. Analysts expect Emcor to post earnings of $0.87 per share for the quarter. Emcor has set its FY18 guidance at $4.10-4.70 EPS.

Emcor (NYSE:EME) last posted its quarterly earnings data on Thursday, February 22nd. The construction company reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.27. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.94 billion. Emcor had a net margin of 2.96% and a return on equity of 15.10%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.72 EPS. On average, analysts expect Emcor to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

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NYSE:EME opened at $80.57 on Tuesday. The company has a quick ratio of 1.36, a current ratio of 1.38 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4,705.09, a price-to-earnings ratio of 19.88, a PEG ratio of 1.20 and a beta of 0.92. Emcor has a 52 week low of $61.97 and a 52 week high of $85.08.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, April 13th. This represents a $0.32 annualized dividend and a yield of 0.40%. Emcor’s dividend payout ratio (DPR) is 7.88%.

Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Emcor from a “hold” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Monday, February 26th. DA Davidson reiterated a “neutral” rating on shares of Emcor in a research note on Friday, February 23rd. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $87.00 price objective on shares of Emcor in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $86.00.

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Emcor Company Profile

EMCOR Group, Inc provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; and central plant heating and cooling systems, as well as offers cranes and rigging, millwrighting, and steel fabrication, erection, and welding services.

Earnings History for Emcor (NYSE:EME)

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