Emcor Group EPS Estimate Rises 5.7% as Shares Gain 14.6%
Emcor Group shares climbed 14.6% over the past month while its heavy construction peers gained 18.1%, as analysts lifted its current-quarter EPS estimate to $6.68, up 5.7% year-over-year. The company holds a #2 (Buy) consensus rating despite a D grade in valuation metrics.
1. Share Performance and Industry Comparison
Over the past month, Emcor Group shares have jumped 14.6% versus a 1.7% drop in the S&P 500 composite and an 18.1% gain in the heavy construction industry, reflecting strong market interest and positive investor sentiment.
2. Earnings and Revenue Estimate Revisions
Analysts now forecast Emcor’s current-quarter EPS at $6.68, a 5.7% year-over-year increase with a 0.4% upward revision over the past 30 days. Revenue is projected at $4.28 billion, up 13.6%, while full-year sales and EPS estimates stand at $16.76 billion (+15.0%) and $25.25 (+17.3%), respectively, with next fiscal-year EPS seen at $27.42 (+8.6%).
3. Recent Reporting and Surprise History
In the last quarter, Emcor reported $4.30 billion in revenue (+16.4% year-over-year) and EPS of $6.57 versus $5.80 a year ago, missing revenue estimates by 0.4% and EPS by 1.2%. The company beat consensus EPS estimates in three of the past four quarters and topped revenue forecasts twice.
4. Valuation and Consensus Rating
Emcor holds a #2 (Buy) consensus rating driven by recent estimate upgrades, while its D grade in value metrics indicates it trades at a premium compared with peers, suggesting investors pay up for growth expectations.