EMCOR (EME) Stock Trades Up, Here Is Why
Shares of specialty construction contractor company EMCOR (NYSE:EME) jumped 8.7% in the morning session after the company posted solid Q4 results, with full-year revenue guidance that significantly exceeded analysts' expectations. EPS also outperformed expectations, driven by higher operating income and improved margins. However, quarterly sales came in just shy of estimates. Overall, it was a strong quarter, with broad strength across key markets helping to balance out some segment-specific wea