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EMCOR Group, Inc. Reports Fourth Quarter and Full-Year 2024 Results

1. EMCOR's Q4 2024 revenue rose 9.6% to $3.77 billion. 2. Net income for Q4 2024 increased to $292.2 million.

Earnings
+2.36%Current Return
VS
-0.79%S&P 500
$398.0302/26 07:35 AM EDTEvent Start
$407.41502/27 02:39 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue and net income growth indicates strong operational performance, which historically boosts share prices. For instance, previous quarterly reports showing similar growth led to positive price reactions in the market.

How important is it?

The article presents direct financial results that can drive investor confidence and demand. Improved financial performance is crucial for stock valuations, leading to a relatively high importance score.

Why Short Term?

The quarterly earnings results are immediate indicators of financial health that often influence stock prices quickly following publication. Similar earnings increases have historically resulted in short-term price gains for EME.

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FLRJCISIMAS
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME) today reported results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Results of Operations For the fourth quarter of 2024, revenues totaled $3.77 billion, an increase of 9.6%, compared to $3.44 billion for the fourth quarter of 2023. Net income for the fourth quarter of 2024 was $292.2 million, or $6.32 per diluted share, compared to net income of $211.5 million, or $4.47 per diluted share, for the fou.

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