Analyst Consensus ?
ConsensusBuy12 ratings
Bullish975.0%
Neutral325.0%
Bearish00.0%
1 unmapped firm rating excluded from the percentages.
EMCOR Group, Inc. · EME · FY2025 Q1 · Calendar Q2 2025
EMCOR: Strong demand and raised EPS guidance, with integration risks
The supplied analysis supports a constructive near-term operating picture: strong project demand, higher RPOs, record operating margin, and a raised EPS-guidance floor outweigh the disclosed integration and tariff risks. The evidence is not sufficient to make a one-year investment conclusion because prior-quarter analysis and reported-versus-consensus actuals are unavailable.
Reported Before market openNYSEIndustrials
$34.37B market cap
70quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $4.57
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $3.78B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-3.0%
Event window
SPY move
+0.0%
Same window
Abnormal move
-3.0%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
+16.9%
Up to 20 sessions
EMESPY benchmark
Ask FN2 about EME FY2025 Q1
Transcript, numbers and history already loaded
What drove EME's -3.0% move after FY2025 Q1 earnings?What changed in EME's guidance and outlook in FY2025 Q1?Give me the bull and bear case for EME after FY2025 Q1 earnings.
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Transcript intelligence
What changed
EMCOR's Q1 analysis highlighted 12.7% year-over-year revenue growth, an 8.2% operating margin, 28% RPO growth, and a $0.40 increase to the low end of EPS guidance. The Miller Electric acquisition added revenue but created near-term margin dilution; revenue guidance was unchanged.
Guidance delta
EPS guidance low end raised by $0.40; revenue guidance unchanged at $16.1-$16.9 billion.
Key takeaways
- Management described strong demand across data centers, healthcare, network and communications, and water and wastewater projects.
- RPOs rose 28% year over year to $11.8 billion, while the Miller Electric acquisition added $183 million of revenue and pressured margins near term.
- Management emphasized productivity, cost control, selective M&A, and a shift toward a more mechanical-services-heavy mix.
Management priorities
- Expand data-center work organically and through selective acquisitions.
- Invest in mechanical services and pursue an 80/20 mechanical versus site-based mix.
- Use VDC, prefabrication, labor productivity, and overhead discipline to protect margins.
- Maintain disciplined capital allocation and pursue opportunistic M&A.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$779.16Previous close
$713Low
$983.22Average
$1,200High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 13, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Aug 10, 2026 |
| UBS | Buy | Buy | Maintain | Jul 31, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 31, 2026 |
| Stifel | Buy | Buy | Maintain | Mar 3, 2026 |
| DA Davidson | Buy | Buy | Maintain | Feb 27, 2026 |
| Baird | Outperform | Outperform | Maintain | Feb 27, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Oct 8, 2025 |
| Keybanc | Overweight | Downgrade | Jan 17, 2023 | |
| Sidoti & Co. | Buy | Neutral | Upgrade | May 16, 2022 |
| Stifel Nicolaus | Buy | Buy | Maintain | Aug 1, 2019 |
| Imperial Capital | In Line | In Line | Maintain | Feb 27, 2013 |
| Gilford Securities | Buy | Buy | Maintain | Jan 10, 2013 |
| FBR Capital | Market Perform | Outperform | Downgrade | Jul 27, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $779.16. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| D.A. Davidson | Analyst unavailable | $1,047 | $818.18 | +34.4% | Aug 10, 2026 |
| Cantor Fitzgerald | Manish Somaiya | $1,047 | $816.9 | +34.4% | Aug 10, 2026 |
| UBS | Analyst unavailable | $1,065 | $809.83 | +36.7% | Jul 31, 2026 |
| Oppenheimer | Analyst unavailable | $1,200 | $819.85 | +54.0% | Jul 31, 2026 |
| Oppenheimer | Brent Thielman | $1,100 | $855.26 | +41.2% | May 28, 2026 |
| Stifel Nicolaus | Analyst unavailable | $918 | $876.17 | +17.8% | Apr 30, 2026 |
| Stifel Nicolaus | Analyst unavailable | $901 | $793.35 | +15.6% | Apr 16, 2026 |
| UBS | Avinatan Jaroslawicz | $945 | $708.49 | +21.3% | Mar 6, 2026 |
| Stifel Nicolaus | Brian Brophy | $814 | $744.86 | +4.5% | Mar 2, 2026 |
| Stifel Nicolaus | Brian Brophy | $754 | $694.21 | -3.2% | Jan 26, 2026 |
| D.A. Davidson | Analyst unavailable | $800 | $648 | +2.7% | Oct 31, 2025 |
| Robert W. Baird | Analyst unavailable | $713 | $648 | -8.5% | Oct 31, 2025 |
| UBS | Avinatan Jaroslawicz | $750 | $625 | -3.7% | Aug 5, 2025 |
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Start freeCompany context
Snapshot as of publicationEMCOR Group, Inc. specializes in delivering comprehensive electrical and mechanical construction services, alongside integrated facilities management solutions, primarily serving clients across the United States and the United Kingdom. The company's construction expertise spans the entire project lifecycle, encompassing initial design and integration through installation, commissioning, operation, and ongoing maintenance. This includes vital electrical infrastructure such as power transmission, distribution, and generation systems, advanced energy efficiency solutions, and premise-specific electrical and lighting systems. They also implement sophisticated process instrumentation for critical industries like refining, chemical processing, and food production, in addition to low-voltage networks covering fire alarms, security, process controls, and voice/data communications. Furthermore, EMCOR handles public infrastructure projects involving roadway and transit lighting, signaling, and fiber optic lines.…
Historical context
All EME earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| DAL Delta Air Lines, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.8% | +0.0% | Delta reports strong Q3 demand while costs and capacity remain key watchpoints |
| CTAS Cintas Corporation | FY2027 Q1 · Calendar Q3 2026 | +3.0% | -3.4% | Cintas raises FY2027 guidance as Q1 growth broadens |
| PAYX Paychex, Inc. | FY2027 Q1 · Calendar Q3 2026 | +1.5% | -8.8% | Paychex maintains FY27 outlook as PEO and AI momentum strengthen |
| FPS Forgent Power Solutions, Inc. | FY2026 Q4 · Calendar Q3 2026 | +4.3% | +9.5% | Forgent Power Solutions pairs record results with an aggressive FY27 buildout |
| CPRT Copart, Inc. | FY2026 Q4 · Calendar Q3 2026 | -8.7% | -2.6% | Copart pairs international growth with ACV investment amid higher costs |
| SUNB Sunbelt Rentals Holdings Inc | FY2027 Q1 · Calendar Q3 2026 | +19.2% | +5.9% | Sunbelt raises FY27 outlook as specialty rental demand accelerates |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-17T17:59:34.165245+00:00
- Polygon adjusted daily market bars · 2026-10-13T05:10:42.515224+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-13T05:10:42.512187+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-13. For educational purposes only; not investment advice.