EMCOR Group Issues FY25 Guidance

(RTTNews) - EMCOR Group (EME) said, for 2025, the company expects: revenues to be between $16.1 billion and $16.9 billion; and earnings per share to be in the range of $22.25 to $24.00. The company also announced that its Board has authorized an additional $500 million for the purchase of shares of outstanding common stock under existing share repurchase program.

Net income for the fourth quarter was $292.2 million, or $6.32 per share, compared to net income of $211.5 million, or $4.47 per share, prior year. Analysts on average had expected the company to earn $5.76 per share. Analysts' estimates typically exclude special items. Revenues were $3.77 billion, an increase of 9.6%.

Shares of EMCOR Group are up 4% in pre-market trade on Wednesday.

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