(Updates with the latest stock movement in the first paragraph and headline.)
EMCOR (EME) shares were up over 18% in Thursday trading after the company reported higher Q2 results and raised its 2026 guidance.
The company reported Q2 earnings Thursday of $9.06 per diluted share, up from $6.72 a year earlier.
Analysts polled by FactSet expected $7.20.
Revenue for the quarter ended June 30 was $5.15 billion, up from $4.3 billion a year earlier.
Analysts surveyed by FactSet expected $4.71 billion.
For 2026, the company raised diluted EPS guidance to $32 to $33.25 from $28.25 to $29.75 previously and increased its revenue forecast to $20 billion to $20.5 billion from $18.5 billion to $19.25 billion. Analysts polled by FactSet expect EPS of $29.32 and revenue of $19 billion.
Price: $796.96, Change: $+124.48, Percent Change: +18.51%