Segment growth - Co said strong performance across all reportable segments drove Q2 results
Record backlog - Record remaining performance obligations reflect sustained demand and success in winning new business across multiple customers and geographies
Project execution - Co cited ability to complete complex projects and expand scope with existing customers as contributing to results
Q2 results beat expectations
US mechanical and electrical contractor's Q2 revenue rose 20% yr/yr, beating analyst expectations
Q2 diluted EPS rose 35% yr/yr to a record high
Company raised full-year 2026 revenue and EPS guidance
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$5.15 bln
$4.71 bln (10 Analysts)
Q2 EPS
$9.06
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
EME•
