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While reporting financial results for the second quarter on Thursday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2021, based on year-to-date performance and assuming a gradual improvement of current market conditions as the year progresses.


RTTNews | Jul 29, 2021 09:54AM EDT

09:53 Thursday, July 29, 2021 (RTTNews.com) - While reporting financial results for the second quarter on Thursday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2021, based on year-to-date performance and assuming a gradual improvement of current market conditions as the year progresses.

For fiscal 2021, the company now projects earnings in a range of $6.65 to $7.05 per share on revenues of about $9.5 billion.

Previously, the company expected earnings in a range of $6.35 to $6.75 per share on revenues between $9.2 billion to $9.4 billion.

On average, six analysts polled by Thomson Reuters expect the company to report earnings of $6.70 per share on revenues of $9.39 billion for the year. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3213663/emcor-group-again-boosts-fy21-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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