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Earnings
Emcor reports Q3 EPS $1.76, consensus $1.25 » 07:33
10/29/20
10/29
07:33
10/29/20
07:33
EME

Emcor

$63.93 /

-2.75 (-4.12%)

Reports Q3 revenue $2.2B,…

Reports Q3 revenue $2.2B, consensus $2.11B. Tony Guzzi, chairman, president and CEO of Emcor, commented, "We continue to execute with a high level of focus, discipline, and precision, demonstrating our ability to perform exceptionally well in an uncertain environment. As a result, the Company delivered an excellent third quarter, achieving all-time record operating income of $135.9 million, record third quarter operating margin of 6.2%, and record non-GAAP diluted earnings per share of $1.76 despite a 3.8% decline in revenues year-over-year. Our initiatives to fundamentally realign our cost structure combined with our disciplined working capital management drove robust operating cash flow generation in the quarter, up 23% compared to the prior year period. While impacts related to the COVID-19 pandemic are ongoing, we are cautiously optimistic about demand recovery as our remaining performance obligations increased 12.3% year-over-year, underscoring the resiliency of our business and the markets in which we operate."

ShowHide Related Items >><<
EME Emcor
$63.93 /

-2.75 (-4.12%)

07/29/20 Sidoti
Emcor upgraded to Buy from Neutral at Sidoti
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
EME Emcor
$63.93 /

-2.75 (-4.12%)

Conference/Events
DA Davidson to hold a virtual conference » 04:55
09/23/20
09/23
04:55
09/23/20
04:55
AAON

Aaon

$56.97 /

+0.89 (+1.59%)

, AEGN

Aegion

$14.11 /

-0.09 (-0.63%)

, ATCX

Atlas Technical Consultants

$8.73 /

-0.29 (-3.22%)

, CMCO

Columbus McKinnon

$34.01 /

+0.885 (+2.67%)

, DY

Dycom

$55.05 /

+2.04 (+3.85%)

, EME

Emcor

$66.18 /

+0.9 (+1.38%)

, HI

Hillenbrand

$26.96 /

+0.05 (+0.19%)

, IEA

Infrastructure and Energy Alternatives

$4.37 /

+0.01 (+0.23%)

, LMB

Limbach Holding

$8.50 /

-0.64 (-7.00%)

, MTZ

MasTec

$41.71 /

+1.13 (+2.78%)

, NWPX

Northwest Pipe

$25.25 /

+0.05 (+0.20%)

, PCH

PotlatchDeltic

$39.94 /

+0.53 (+1.34%)

, SSD

Simpson Manufacturing

$94.95 /

+3.31 (+3.61%)

, STRL

Sterling Construction

$13.28 /

+0.18 (+1.37%)

, TREX

Trex Company

$68.20 /

+1.945 (+2.94%)

, VMI

Valmont

$120.09 /

+0.59 (+0.49%)

19th Annual Diversified…

19th Annual Diversified Industrials & Services Virtual Conference to be held on September 22-23. Webcast Link]:[https://www.meetmax.com/sched/event_62761/investor_reg_new.html?attendee_role_id&#61;INVESTOR]

ShowHide Related Items >><<
VMI Valmont
$120.09 /

+0.59 (+0.49%)

TREX Trex Company
$68.20 /

+1.945 (+2.94%)

STRL Sterling Construction
$13.28 /

+0.18 (+1.37%)

SSD Simpson Manufacturing
$94.95 /

+3.31 (+3.61%)

PCH PotlatchDeltic
$39.94 /

+0.53 (+1.34%)

NWPX Northwest Pipe
$25.25 /

+0.05 (+0.20%)

MTZ MasTec
$41.71 /

+1.13 (+2.78%)

LMB Limbach Holding
$8.50 /

-0.64 (-7.00%)

IEA Infrastructure and Energy Alternatives
$4.37 /

+0.01 (+0.23%)

HI Hillenbrand
$26.96 /

+0.05 (+0.19%)

DY Dycom
$55.05 /

+2.04 (+3.85%)

CMCO Columbus McKinnon
$34.01 /

+0.885 (+2.67%)

ATCX Atlas Technical Consultants
$8.73 /

-0.29 (-3.22%)

AEGN Aegion
$14.11 /

-0.09 (-0.63%)

AAON Aaon
$56.97 /

+0.89 (+1.59%)

AAON Aaon
$56.97 /

+0.89 (+1.59%)

AEGN Aegion
$14.11 /

-0.09 (-0.63%)

ATCX Atlas Technical Consultants
$8.73 /

-0.29 (-3.22%)

08/11/20 DA Davidson
Atlas Technical Consultants upgraded to Buy from Neutral at DA Davidson
08/11/20 DA Davidson
Atlas Technical Consultants upgraded to Buy from Neutral at DA Davidson
07/01/20 DA Davidson
Atlas Technical Consultants initiated with a Neutral at DA Davidson
04/08/20
Atlas Technical Consultants participates in a conference call with Lake Street
CMCO Columbus McKinnon
$34.01 /

+0.885 (+2.67%)

08/28/20 Barrington
Columbus McKinnon price target raised to $41 from $38 at Barrington
07/31/20 Sidoti
Columbus McKinnon upgraded to Buy after earnings at Sidoti
07/31/20 Sidoti
Columbus McKinnon upgraded to Buy from Neutral at Sidoti
07/30/20 Barrington
Columbus McKinnon price target raised to $38 from $36 at Barrington
DY Dycom
$55.05 /

+2.04 (+3.85%)

09/08/20 Vertical Group
Dycom downgraded to Hold from Buy at Vertical Group
08/27/20 Craig-Hallum
Dycom price target raised to $72 from $65 at Craig-Hallum
08/27/20 B. Riley Securities
Dycom price target raised to $59 from $46 at B. Riley FBR
06/25/20 B. Riley Securities
Dycom price target raised to $46 from $42 at B. Riley FBR
EME Emcor
$66.18 /

+0.9 (+1.38%)

07/29/20 Sidoti
Emcor upgraded to Buy from Neutral at Sidoti
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
HI Hillenbrand
$26.96 /

+0.05 (+0.19%)

06/10/20 DA Davidson
Hillenbrand price target raised to $35 from $30 at DA Davidson
03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
IEA Infrastructure and Energy Alternatives
$4.37 /

+0.01 (+0.23%)

06/11/20 DA Davidson
Infrastructure and Energy Alternatives upgraded to Buy from Neutral at DA Davidson
06/11/20 DA Davidson
Infrastructure and Energy Alternatives upgraded to Buy at DA Davidson
LMB Limbach Holding
$8.50 /

-0.64 (-7.00%)

01/24/20 DA Davidson
Limbach Holding downgraded to Neutral from Buy at DA Davidson
11/18/19 DA Davidson
Limbach Holding price target lowered to $5 from $9 at DA Davidson
MTZ MasTec
$41.71 /

+1.13 (+2.78%)

08/12/20 UBS
MasTec upgraded to Buy from Neutral at UBS
08/12/20 UBS
MasTec upgraded to Buy from Neutral at UBS
08/03/20 B. Riley Securities
MasTec price target raised to $57 from $46 at B. Riley FBR
08/03/20 Craig-Hallum
MasTec price target raised to $78 from $71 at Craig-Hallum
NWPX Northwest Pipe
$25.25 /

+0.05 (+0.20%)

09/26/19 Northland
Northwest Pipe initiated with an Outperform at Northland
PCH PotlatchDeltic
$39.94 /

+0.53 (+1.34%)

09/11/20
Fly Intel: Top five analyst downgrades
09/11/20 BofA
PotlatchDeltic downgraded to Neutral from Buy at BofA
09/11/20 BofA
PotlatchDeltic downgraded to Neutral from Buy at BofA
07/10/20 RBC Capital
PotlatchDeltic upgraded to Outperform from Sector Perform at RBC Capital
SSD Simpson Manufacturing
$94.95 /

+3.31 (+3.61%)

07/28/20 DA Davidson
Simpson Manufacturing downgraded to Neutral from Buy at DA Davidson
07/28/20 DA Davidson
Simpson Manufacturing downgraded to Neutral from Buy at DA Davidson
07/20/20 Baird
Simpson Manufacturing designated a Fresh Pick at Baird
04/28/20 DA Davidson
Simpson Manufacturing upgraded to Buy from Neutral at DA Davidson
STRL Sterling Construction
$13.28 /

+0.18 (+1.37%)

10/09/19 DA Davidson
Sterling Construction price target raised to $25 from $18 at DA Davidson
TREX Trex Company
$68.20 /

+1.945 (+2.94%)

08/04/20 DA Davidson
Trex Company price target raised to $125 from $110 at DA Davidson
08/04/20 Deutsche Bank
Trex Company price target raised to $143 from $130 at Deutsche Bank
08/04/20 Truist
Trex Company price target raised to $140 from $126 at Truist
07/21/20 Benchmark
Trex Company downgraded to Hold on high expectations at Benchmark
VMI Valmont
$120.09 /

+0.59 (+0.49%)

07/07/20
Fly Intel: Top five analyst upgrades
07/06/20 Stifel
Valmont upgraded to Buy from Hold at Stifel
04/24/20 DA Davidson
Valmont price target lowered to $125 from $145
02/23/20 Stifel
Valmont Industries downgraded to Hold from Buy at Stifel
VMI Valmont
$120.09 /

+0.59 (+0.49%)

TREX Trex Company
$68.20 /

+1.945 (+2.94%)

STRL Sterling Construction
$13.28 /

+0.18 (+1.37%)

SSD Simpson Manufacturing
$94.95 /

+3.31 (+3.61%)

PCH PotlatchDeltic
$39.94 /

+0.53 (+1.34%)

MTZ MasTec
$41.71 /

+1.13 (+2.78%)

LMB Limbach Holding
$8.50 /

-0.64 (-7.00%)

HI Hillenbrand
$26.96 /

+0.05 (+0.19%)

EME Emcor
$66.18 /

+0.9 (+1.38%)

DY Dycom
$55.05 /

+2.04 (+3.85%)

CMCO Columbus McKinnon
$34.01 /

+0.885 (+2.67%)

ATCX Atlas Technical Consultants
$8.73 /

-0.29 (-3.22%)

AEGN Aegion
$14.11 /

-0.09 (-0.63%)

AAON Aaon
$56.97 /

+0.89 (+1.59%)

  • 14
    Aug
  • 20
    Nov
TREX Trex Company
$68.20 /

+1.945 (+2.94%)

SSD Simpson Manufacturing
$94.95 /

+3.31 (+3.61%)

MTZ MasTec
$41.71 /

+1.13 (+2.78%)

LMB Limbach Holding
$8.50 /

-0.64 (-7.00%)

AAON Aaon
$56.97 /

+0.89 (+1.59%)

Conference/Events
DA Davidson to hold a virtual conference » 08:32
09/22/20
09/22
08:32
09/22/20
08:32
AAON

Aaon

$56.08 /

-0.99 (-1.73%)

, AEGN

Aegion

$14.18 /

-1.04 (-6.83%)

, ATCX

Atlas Technical Consultants

$9.02 /

+ (+0.00%)

, CMCO

Columbus McKinnon

$33.30 /

-2.5 (-6.98%)

, DY

Dycom

$53.01 /

-2.3 (-4.16%)

, EME

Emcor

$65.28 /

-3.62 (-5.25%)

, HI

Hillenbrand

$26.94 /

-1.6 (-5.61%)

, IEA

Infrastructure and Energy Alternatives

$4.36 /

-0.37 (-7.82%)

, LMB

Limbach Holding

$9.06 /

-0.47 (-4.93%)

, MTZ

MasTec

$40.58 /

-2.85 (-6.56%)

, NWPX

Northwest Pipe

$25.26 /

-0.9 (-3.44%)

, PCH

PotlatchDeltic

$39.33 /

-1.51 (-3.70%)

, SSD

Simpson Manufacturing

$91.66 /

-5.76 (-5.91%)

, STRL

Sterling Construction

$13.11 /

-0.59 (-4.31%)

, TREX

Trex Company

$66.35 /

-0.01 (-0.02%)

, VMI

Valmont

$119.54 /

-6.28 (-4.99%)

19th Annual Diversified…

19th Annual Diversified Industrials & Services Virtual Conference to be held on September 22-23. Webcast Link]:[https://www.meetmax.com/sched/event_62761/investor_reg_new.html?attendee_role_id&#61;INVESTOR]

ShowHide Related Items >><<
VMI Valmont
$119.54 /

-6.28 (-4.99%)

TREX Trex Company
$66.35 /

-0.01 (-0.02%)

STRL Sterling Construction
$13.11 /

-0.59 (-4.31%)

SSD Simpson Manufacturing
$91.66 /

-5.76 (-5.91%)

PCH PotlatchDeltic
$39.33 /

-1.51 (-3.70%)

NWPX Northwest Pipe
$25.26 /

-0.9 (-3.44%)

MTZ MasTec
$40.58 /

-2.85 (-6.56%)

LMB Limbach Holding
$9.06 /

-0.47 (-4.93%)

IEA Infrastructure and Energy Alternatives
$4.36 /

-0.37 (-7.82%)

HI Hillenbrand
$26.94 /

-1.6 (-5.61%)

DY Dycom
$53.01 /

-2.3 (-4.16%)

CMCO Columbus McKinnon
$33.30 /

-2.5 (-6.98%)

ATCX Atlas Technical Consultants
$9.02 /

+ (+0.00%)

AEGN Aegion
$14.18 /

-1.04 (-6.83%)

AAON Aaon
$56.08 /

-0.99 (-1.73%)

AAON Aaon
$56.08 /

-0.99 (-1.73%)

AEGN Aegion
$14.18 /

-1.04 (-6.83%)

ATCX Atlas Technical Consultants
$9.02 /

+ (+0.00%)

08/11/20 DA Davidson
Atlas Technical Consultants upgraded to Buy from Neutral at DA Davidson
08/11/20 DA Davidson
Atlas Technical Consultants upgraded to Buy from Neutral at DA Davidson
07/01/20 DA Davidson
Atlas Technical Consultants initiated with a Neutral at DA Davidson
04/08/20
Atlas Technical Consultants participates in a conference call with Lake Street
CMCO Columbus McKinnon
$33.30 /

-2.5 (-6.98%)

08/28/20 Barrington
Columbus McKinnon price target raised to $41 from $38 at Barrington
07/31/20 Sidoti
Columbus McKinnon upgraded to Buy after earnings at Sidoti
07/31/20 Sidoti
Columbus McKinnon upgraded to Buy from Neutral at Sidoti
07/30/20 Barrington
Columbus McKinnon price target raised to $38 from $36 at Barrington
DY Dycom
$53.01 /

-2.3 (-4.16%)

09/08/20 Vertical Group
Dycom downgraded to Hold from Buy at Vertical Group
08/27/20 Craig-Hallum
Dycom price target raised to $72 from $65 at Craig-Hallum
08/27/20 B. Riley Securities
Dycom price target raised to $59 from $46 at B. Riley FBR
06/25/20 B. Riley Securities
Dycom price target raised to $46 from $42 at B. Riley FBR
EME Emcor
$65.28 /

-3.62 (-5.25%)

07/29/20 Sidoti
Emcor upgraded to Buy from Neutral at Sidoti
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
HI Hillenbrand
$26.94 /

-1.6 (-5.61%)

06/10/20 DA Davidson
Hillenbrand price target raised to $35 from $30 at DA Davidson
03/18/20 DA Davidson
Hillenbrand price target lowered to $35 from $43 at DA Davidson
10/07/19 KeyBanc
Milacron downgraded to Sector Weight from Overweight at KeyBanc
IEA Infrastructure and Energy Alternatives
$4.36 /

-0.37 (-7.82%)

06/11/20 DA Davidson
Infrastructure and Energy Alternatives upgraded to Buy from Neutral at DA Davidson
06/11/20 DA Davidson
Infrastructure and Energy Alternatives upgraded to Buy at DA Davidson
LMB Limbach Holding
$9.06 /

-0.47 (-4.93%)

01/24/20 DA Davidson
Limbach Holding downgraded to Neutral from Buy at DA Davidson
11/18/19 DA Davidson
Limbach Holding price target lowered to $5 from $9 at DA Davidson
MTZ MasTec
$40.58 /

-2.85 (-6.56%)

08/12/20 UBS
MasTec upgraded to Buy from Neutral at UBS
08/12/20 UBS
MasTec upgraded to Buy from Neutral at UBS
08/03/20 B. Riley Securities
MasTec price target raised to $57 from $46 at B. Riley FBR
08/03/20 Craig-Hallum
MasTec price target raised to $78 from $71 at Craig-Hallum
NWPX Northwest Pipe
$25.26 /

-0.9 (-3.44%)

09/26/19 Northland
Northwest Pipe initiated with an Outperform at Northland
PCH PotlatchDeltic
$39.33 /

-1.51 (-3.70%)

09/11/20
Fly Intel: Top five analyst downgrades
09/11/20 BofA
PotlatchDeltic downgraded to Neutral from Buy at BofA
09/11/20 BofA
PotlatchDeltic downgraded to Neutral from Buy at BofA
07/10/20 RBC Capital
PotlatchDeltic upgraded to Outperform from Sector Perform at RBC Capital
SSD Simpson Manufacturing
$91.66 /

-5.76 (-5.91%)

07/28/20 DA Davidson
Simpson Manufacturing downgraded to Neutral from Buy at DA Davidson
07/28/20 DA Davidson
Simpson Manufacturing downgraded to Neutral from Buy at DA Davidson
07/20/20 Baird
Simpson Manufacturing designated a Fresh Pick at Baird
04/28/20 DA Davidson
Simpson Manufacturing upgraded to Buy from Neutral at DA Davidson
STRL Sterling Construction
$13.11 /

-0.59 (-4.31%)

10/09/19 DA Davidson
Sterling Construction price target raised to $25 from $18 at DA Davidson
TREX Trex Company
$66.35 /

-0.01 (-0.02%)

08/04/20 DA Davidson
Trex Company price target raised to $125 from $110 at DA Davidson
08/04/20 Deutsche Bank
Trex Company price target raised to $143 from $130 at Deutsche Bank
08/04/20 Truist
Trex Company price target raised to $140 from $126 at Truist
07/21/20 Benchmark
Trex Company downgraded to Hold on high expectations at Benchmark
VMI Valmont
$119.54 /

-6.28 (-4.99%)

07/07/20
Fly Intel: Top five analyst upgrades
07/06/20 Stifel
Valmont upgraded to Buy from Hold at Stifel
04/24/20 DA Davidson
Valmont price target lowered to $125 from $145
02/23/20 Stifel
Valmont Industries downgraded to Hold from Buy at Stifel
VMI Valmont
$119.54 /

-6.28 (-4.99%)

TREX Trex Company
$66.35 /

-0.01 (-0.02%)

STRL Sterling Construction
$13.11 /

-0.59 (-4.31%)

SSD Simpson Manufacturing
$91.66 /

-5.76 (-5.91%)

PCH PotlatchDeltic
$39.33 /

-1.51 (-3.70%)

MTZ MasTec
$40.58 /

-2.85 (-6.56%)

LMB Limbach Holding
$9.06 /

-0.47 (-4.93%)

HI Hillenbrand
$26.94 /

-1.6 (-5.61%)

EME Emcor
$65.28 /

-3.62 (-5.25%)

DY Dycom
$53.01 /

-2.3 (-4.16%)

CMCO Columbus McKinnon
$33.30 /

-2.5 (-6.98%)

ATCX Atlas Technical Consultants
$9.02 /

+ (+0.00%)

AEGN Aegion
$14.18 /

-1.04 (-6.83%)

AAON Aaon
$56.08 /

-0.99 (-1.73%)

  • 14
    Aug
  • 20
    Nov
TREX Trex Company
$66.35 /

-0.01 (-0.02%)

SSD Simpson Manufacturing
$91.66 /

-5.76 (-5.91%)

MTZ MasTec
$40.58 /

-2.85 (-6.56%)

LMB Limbach Holding
$9.06 /

-0.47 (-4.93%)

AAON Aaon
$56.08 /

-0.99 (-1.73%)

Over a quarter ago
Earnings
Emcor sees FY20 EPS $5.00-$5.50, consensus $4.62 » 07:35
08/03/20
08/03
07:35
08/03/20
07:35
EME

Emcor

$68.47 /

-0.65 (-0.94%)

Sees FY20 revenue…

Sees FY20 revenue $8.6B-$8.7B, consensus $8.86B.

ShowHide Related Items >><<
EME Emcor
$68.47 /

-0.65 (-0.94%)

EME Emcor
$68.47 /

-0.65 (-0.94%)

07/29/20 Sidoti
Emcor upgraded to Buy from Neutral at Sidoti
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
EME Emcor
$68.47 /

-0.65 (-0.94%)

Earnings
Emcor reports Q2 EPS $1.44, consensus 89c » 07:33
08/03/20
08/03
07:33
08/03/20
07:33
EME

Emcor

$68.47 /

-0.65 (-0.94%)

Reports Q2 revenue…

Reports Q2 revenue $2.01B, consensus $2.05B. Tony Guzzi, Chairman, President and CEO of EMCOR, commented, "We demonstrated excellent execution during these unprecedented times, and our second quarter performance reflects the rapid and decisive implementation of our contingency plans. Despite year-over-year revenue declines across each of our segments, we delivered non-GAAP operating income of $110.1 million and a strong non-GAAP operating margin of 5.5%, underscoring our ability to perform in almost any environment as well as our diligent cost control. Our efforts drove record operating cash flow generation of $276.7 million in the first six months of 2020, which represents an increase of over $300 million compared to the same period in 2019. Even as we and our customers navigate the uncertainty surrounding the COVID-19 pandemic and its impact on the economy, our remaining performance obligations continue to grow, up 8.6% year-over-year and 3.8% sequentially, demonstrating the resiliency of our business and the underlying demand for our services in the marketplace." Mr. Guzzi added, "Our U.S. Construction segments continue to anchor our performance, with operating income growth of 1.4% year-over-year and a robust operating margin of 8.0%, up 100 basis points year-over-year. This was primarily driven by our U.S. Mechanical Construction segment, which posted operating income growth of 24.1% year-over-year and an impressive operating margin of 8.5%, up 190 basis points year-over-year. Additionally, our U.S. Electrical Construction segment delivered a healthy operating margin of 7.2% despite the significant impact of mandated shutdowns on our revenues in the quarter. Led by our mobile mechanical and government services businesses, our U.S. Building Services segment reported an operating margin of 5.6%, up 30 basis points year-over-year. During the second quarter, we recorded a significant impairment charge primarily related to our U.S. Industrial Services segment, which is operating in a challenging environment as its customers grapple with the dual impacts of the COVID-19 pandemic and ongoing volatility in the oil and gas market. We will continue to leverage our leadership position and take advantage of available opportunities. However, we do not anticipate much improvement in this segment through the remainder of the year. Lastly, our U.K. Building Services segment generated an operating margin of 5.7%, up 80 basis points year-over-year, as it continues to execute well across its diversified customer base."

ShowHide Related Items >><<
EME Emcor
$68.47 /

-0.65 (-0.94%)

EME Emcor
$68.47 /

-0.65 (-0.94%)

07/29/20 Sidoti
Emcor upgraded to Buy from Neutral at Sidoti
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
EME Emcor
$68.47 /

-0.65 (-0.94%)

Upgrade
Emcor upgraded to Buy from Neutral at Sidoti » 13:47
07/29/20
07/29
13:47
07/29/20
13:47
EME

Emcor

$68.55 /

+3.52 (+5.41%)

Sidoti upgraded Emcor to…

Sidoti upgraded Emcor to Buy from Neutral.

ShowHide Related Items >><<
EME Emcor
$68.55 /

+3.52 (+5.41%)

EME Emcor
$68.55 /

+3.52 (+5.41%)

05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
10/30/19 DA Davidson
Emcor price target raised to $107 from $100 at DA Davidson
EME Emcor
$68.55 /

+3.52 (+5.41%)

Downgrade
Emcor downgraded to Neutral from Buy at DA Davidson » 07:50
05/01/20
05/01
07:50
05/01/20
07:50
EME

Emcor

$63.52 /

-6.28 (-9.00%)

DA Davidson analyst Brent…

DA Davidson analyst Brent Thielman downgraded Emcor to Neutral from Buy with a price target of $70, down from $100. The analyst notes that the near-term COVID-19 related challenges will eventually abate, with the company's current book of business supporting some visibility for the rest of the year. Thielman warns however that bookings will still ultimately slow and result in greater uncertainty in 2021. The analyst adds that he anticipates at least some headwinds to Emcor valuation expansion as economic indicators deteriorate, stating that construction indicators could soon follow.

ShowHide Related Items >><<
EME Emcor
$63.52 /

-6.28 (-9.00%)

EME Emcor
$63.52 /

-6.28 (-9.00%)

05/01/20 DA Davidson
Emcor downgraded to Neutral from Buy at DA Davidson
03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
10/30/19 DA Davidson
Emcor price target raised to $107 from $100 at DA Davidson
EME Emcor
$63.52 /

-6.28 (-9.00%)

Downgrade
Emcor downgraded to Neutral from Buy at DA Davidson » 06:40
05/01/20
05/01
06:40
05/01/20
06:40
EME

Emcor

$63.52 /

-6.28 (-9.00%)

DA Davidson analyst Brent…

DA Davidson analyst Brent Thielman downgraded Emcor to Neutral from Buy with a $70 price target.

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EME Emcor
$63.52 /

-6.28 (-9.00%)

EME Emcor
$63.52 /

-6.28 (-9.00%)

03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
10/30/19 DA Davidson
Emcor price target raised to $107 from $100 at DA Davidson
EME Emcor
$63.52 /

-6.28 (-9.00%)

Earnings
Emcor reports Q1 EPS $1.35, consensus $1.34 » 07:44
04/30/20
04/30
07:44
04/30/20
07:44
EME

Emcor

$69.80 /

+2.47 (+3.67%)

Reports Q1 revenue $2.3B,…

Reports Q1 revenue $2.3B, consensus $2.3B. Tony Guzzi, Chairman, President and CEO of EMCOR, commented, "The company achieved record first quarter revenues, operating income, net income, and diluted earnings per share. We delivered revenue growth of 6.5% during the quarter, 2.7% of which was organic, led by double-digit growth in our U.S. Mechanical Construction and U.S. Industrial Services segments. Our steadfast commitment to excellent project execution delivered operating income growth of 3.6% year-over-year. Despite the uncertainty surrounding the COVID-19 pandemic, we have record remaining performance obligations, up 6.4% year-over-year, underscoring the resiliency of our business and the underlying demand in the marketplace." Mr. Guzzi added, "Our U.S. Construction segments delivered solid results, posting combined revenue and operating income growth of 6.2% and 6.1% year-over-year, respectively, led by strength in the healthcare and manufacturing market sectors. U.S. Building Services, which saw revenue growth of 1.2% year-over-year, faced the most disruption from the COVID-19 pandemic as the quarter progressed, primarily due to the closure or partial closure of customer facilities. U.S. Industrial Services, on the other hand, performed very well in a difficult environment, delivering revenue and operating income growth of 19.9% and 27.2% year-over-year, respectively, driven by strength in our field services operations, as a result of strong execution on several large turnarounds. Finally, we are pleased by the sustained strength in our U.K. Building Services segment, which generated revenue growth of 4.5% year-over-year and operating income growth of 39.2% year-over-year, resulting in 120 basis points of operating margin expansion." Mr. Guzzi concluded, "In response to the abrupt drop in activity due to the COVID-19 pandemic, we are focusing on the elements of our business within our control and reacting to the macroeconomic disruptions in a disciplined and process-oriented manner. Our robust contingency plans are serving us well as the situation evolves daily. We have implemented strict safety protocols for our employees and are reducing costs where appropriate. We continue to perform work for our customers where we are able to operate and are prepared to execute on our existing remaining performance obligations and support our customers as they restart their operations. Overall, we are in a strong financial position, with a solid and liquid balance sheet and access to additional capital through our recently amended and extended credit facility. We also have solid remaining performance obligations and a healthy project pipeline. We did, however, begin to experience certain disruptions caused by the pandemic and the associated containment and mitigation measures late in the first quarter and expect continued headwinds going into the second quarter and possibly into the third quarter. Looking forward, we are well-positioned to continue to serve our customers during this crisis and when the environment normalizes."

ShowHide Related Items >><<
EME Emcor
$69.80 /

+2.47 (+3.67%)

EME Emcor
$69.80 /

+2.47 (+3.67%)

03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
10/30/19 DA Davidson
Emcor price target raised to $107 from $100 at DA Davidson
EME Emcor
$69.80 /

+2.47 (+3.67%)

Earnings
Emcor withdraws FY20 guidance amid COVID-19 pandemic  07:37
04/21/20
04/21
07:37
04/21/20
07:37
EME

Emcor

$61.16 /

-2.02 (-3.20%)

 
ShowHide Related Items >><<
EME Emcor
$61.16 /

-2.02 (-3.20%)

EME Emcor
$61.16 /

-2.02 (-3.20%)

03/02/20 Maxim
Emcor price target lowered to $87 from $95 at Maxim
10/30/19 DA Davidson
Emcor price target raised to $107 from $100 at DA Davidson
EME Emcor
$61.16 /

-2.02 (-3.20%)

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