Emcor Group (NYSE:EME) is expected to report Q3 earnings before market open Thursday Oct. 23 with a conference call scheduled for 10:30 am ET.
Analysts are looking for EPS of 66c on revenue of $1.75B. The consensus range is 59c to 75c for EPS, and $1.71B to $1.77B for revenue, according to First Call.
Emcor raised its FY08 EPS guidance and reiterated its FY08 revenue guidance when it reported its Q2 earnings results in July. The company raised its FY08 EPS guidance to $2.32 to $2.47 from $2.22 to $2.42 vs. consensus of $2.59. The company expects FY08 revenue guidance to $6.8B to $6.86B vs. consensus of $6.98B. After Emcor reported results that Morgan Joseph views as strong, the firm believes the company's diversified business model leaves it poised to weather cyclical downturns. The firm reiterated their Buy rating. Louis Navellier's Quantum Growth Update is positive on Emcor, as of October 21.