EMCOR raises 2024 EPS guidance to $20.50-$21.00 after record Q3 revenue and profit
EMCOR Group reported record third-quarter 2024 revenues of $3.70 billion, up 15.3%, and diluted EPS of $5.80, up from $3.57 a year earlier. The company raised its full-year 2024 diluted EPS guidance to $20.50-$21.00 from $19.00-$20.00, while narrowing its revenue guidance to at least $14.5 billion from $14.5-$15.0 billion, which lowers the top end of the prior range.
Key points
- Q3 2024 revenue of $3.70 billion, up 15.3%; net income of $270.3 million, or $5.80 per diluted share
- Full-year 2024 diluted EPS guidance raised to $20.50-$21.00 from $19.00-$20.00
- Full-year 2024 revenue guidance adjusted to at least $14.5 billion from $14.5-$15.0 billion
- Record remaining performance obligations of $9.79 billion, up 13.4% year-over-year
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
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