Emcor raises FY24 EPS view to $19.00-$20.00 from $15.50-$16.50

Consensus $16.25. Raises FY24 revenue view $14.5B-$15B from $14B-$14.5B, consensus $14.3B. Guzzi concluded, “With our strong first half performance, we are again raising our 2024 guidance. We continue to execute well by deploying our resources to serve our customers and believe we are positioned in the right geographies and sectors that have long-term growth prospects. We also continue to deliver for our shareholders by maintaining our focus on operational excellence and balanced capital allocation.”