Published on 22 Apr 2024 on Zacks via Yahoo Finance
Should Investors Buy EMCOR (EME) Ahead of Q1 Earnings?
EMCOR Group, Inc. EME is scheduled to report first-quarter 2024 results on Apr 25, before the opening bell.Gaining from success in key sectors such as high-tech manufacturing, network and communications, manufacturing and industrial and healthcare, the stock has outperformed the industry this year. Sporting a Zacks Rank #1 (Strong Buy), EME exceeded the earnings mark in each of the past four quarters, with the average surprise being 28%. Given the company’s positive track record, is EME a buy?The Zacks Consensus Estimate for EME’s first-quarter earnings have increased to $2.92 from $2.63 in the past 60 days. The estimated figure indicates a 25.9% increase on a year-over-year basis.
EMCOR Group, Inc. Price and EPS Surprise