EMCOR Q2 Revenue Jumps 20%, Raises 2026 Outlook Above Consensus
EME sits 32% above its 52-week low of $564.92.
Summary
EMCOR delivered a standout Q2: revenue of $5.15B beat the $4.71B consensus by over 9%, and diluted EPS hit a record $9.06, up 35% year-over-year. The company raised its full-year 2026 guidance significantly—revenue now seen at $20.0B-$20.5B (from $18.5B-$19.25B) and EPS at $32.00-$33.25 (from $28.25-$29.75), both well above prior Street expectations. A record backlog of $17.1B and broad-based segment strength underpin the outlook, with management citing sustained demand and strong project execution. This follows the 10-Q filed earlier today, confirming the numbers. The magnitude of the beat and guidance raise is material for a company of this size and will force analysts to revise models upward.
At the time of this announcement, EME was trading at $743.47 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $29.9B. The 52-week trading range was $564.92 to $951.96. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.