EMCOR raises 2024 guidance after first-quarter revenue rose 18.7% to $3.43 billion
EMCOR reported first-quarter 2024 revenue of $3.43 billion, up 18.7% from a year earlier, and diluted EPS of $4.17, up from $2.32. The company raised its full-year 2024 revenue and diluted EPS guidance, which signals higher expected results for shareholders.
- Q1 2024 revenues of $3.43 billion, up 18.7% from $2.89 billion in Q1 2023
- Q1 2024 diluted EPS of $4.17 vs. $2.32; net income of $197.1 million
- 2024 revenue guidance raised to $14.0 billion-$14.5 billion from $13.5 billion-$14.0 billion
- 2024 diluted EPS guidance raised to $15.50-$16.50 from $14.00-$15.00