As you might know, EMCOR Group, Inc. (NYSE:EME) recently reported its full-year numbers. EMCOR Group reported US$15b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$21.52 beat expectations, being 2.5% higher than what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
View our latest analysis for EMCOR Group
Taking into account the latest results, the current consensus from EMCOR Group's six analysts is for revenues of US$16.3b in 2025. This would reflect a solid 12% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 6.4% to US$23.56. In the lead-up to this report, the analysts had been modelling revenues of US$15.8b and earnings per share (EPS) of US$23.28 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.
Even though revenue forecasts increased, there was no change to the consensus price target of US$520, suggesting the analysts are focused on earnings as the driver of value creation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic EMCOR Group analyst has a price target of US$600 per share, while the most pessimistic values it at US$445. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of EMCOR Group'shistorical trends, as the 12% annualised revenue growth to the end of 2025 is roughly in line with the 11% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 7.7% per year. So it's pretty clear that EMCOR Group is forecast to grow substantially faster than its industry.
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple EMCOR Group analysts - going out to 2027, and you can see them free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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