NORWALK, Conn. (AP) — Emcor Group Inc. (EME) on Thursday reported third-quarter net income of $79.4 million.

The Norwalk, Connecticut-based company said it had profit of $1.35 per share. Earnings, adjusted to account for discontinued operations, were $1.36 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The construction and maintenance company posted revenue of $2.05 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.95 billion.

Emcor Group expects full-year earnings to be $4.75 to $4.90 per share, with revenue expected to be $7.9 billion.

Emcor Group shares have fallen 18 percent since the beginning of the year. The stock has dropped 4.5 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EME at

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