Emcor raises FY24 EPS view to $20.50-$21.00 from $19.00-$20.00

Consensus $19.53. Adjusts FY24 revenue view to at least $14.5B from $14.5B-$15B, consensus $14.7B. Guzzi concluded, “Given our momentum and execution to date, in addition to our record RPOs and strong and diverse project pipeline, we are again raising our 2024 diluted earnings per share guidance. We remain confident in our strategic positioning within growth-oriented sectors and geographies and believe our dedication to operational excellence and prudent capital allocation will deliver continued value for our customers and shareholders.”