Emcor Group Drops 2.95% as Analysts Forecast 7.6% EPS Growth
Emcor Group’s shares fell 2.95% to $719.01, underperforming the S&P 500’s 0.57% drop, while registering a 4.55% gain over the past month versus the Construction sector’s 1.65% rise. Analysts project Q1 EPS of $5.82 (+7.6%) on $4.19 billion revenue (+8.3%), with full-year EPS of $28.27 (+9.3%).
1. Stock Performance
Emcor Group’s stock declined 2.95% to $719.01 in the latest session, underperforming the S&P 500’s 0.57% loss, the Dow’s 1.61% drop and the Nasdaq’s 0.26% decrease. Over the past month, the shares gained 4.55%, outpacing the Construction sector’s 1.65% increase and the S&P 500’s 0.15% slide.
2. Earnings and Revenue Projections
Analysts expect Emcor to report Q1 EPS of $5.82, marking a 7.58% year-over-year increase, on revenue of $4.19 billion, up 8.29% from the prior year. Full-year consensus estimates call for EPS of $28.27 (+9.28%) and revenue of $18.05 billion (+6.26%).
3. Valuation and Analyst Sentiment
Emcor carries a Zacks Rank of #3 (Hold), with consensus EPS estimates rising 3.1% over the past month. The company’s forward P/E stands at 26.21, a premium to the 24.26 industry average, while its industry ranks in the bottom 39% of over 250 sectors by Zacks Industry Rank.