Recap: EMCOR Q1 Earnings - EMCOR Group (NYSE:EME)

EMCOR Gr EME reported its Q1 earnings results on Thursday, April 28, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

EMCOR Gr missed estimated earnings by 13.66%, reporting an EPS of $1.39 versus an estimate of $1.61.

Revenue was up $289.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 4.36% increase in the share price the next day.

Here's a look at EMCOR Gr's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.88	1.77	1.58	1.22
EPS Actual	1.89	1.85	1.78	1.54
Revenue Estimate	2.56B	2.39B	2.25B	2.20B
Revenue Actual	2.64B	2.52B	2.44B	2.30B

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).

EMCOR Gr management provided guidance for FY 2022, expecting earnings between $7.15 and $7.85 per share.

To track all earnings releases for EMCOR Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.