20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
EMCOR Group (NYSE:EME) is set to give its latest quarterly earnings report on Wednesday, 2024-02-28. Here's what investors need to know before the announcement.
Analysts estimate that EMCOR Group will report an earnings per share (EPS) of $3.55.
EMCOR Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat EPS by $0.89, which was followed by a 0.35% drop in the share price the next day.
Here's a look at EMCOR Group's past performance and the resulting price change:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.72 | 2.36 | 1.80 | 2.27 |
| EPS Actual | 3.61 | 2.95 | 2.32 | 2.63 |
| Price Change % | -0.0% | 6.0% | -0.0% | 2.0% |
Stock Performance
Shares of EMCOR Group were trading at $274.88 as of February 23. Over the last 52-week period, shares are up 64.61%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for EMCOR Group visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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