EMCOR reports Q2 EPS 61c ex-items, consensus 61c Reports Q2 revenue $1.56B, consensus $1.67B. Backlog as of June 30, 2014 was $3.64 billion, an increase of 3.6% from $3.51 billion at the end of the 2013 second quarter and an increase of 8.2% from $3.36 billion as of December 31, 2013.
EMCOR announces new $250M share repurchase program EMCOR Group announced that its board has authorized a new share repurchase program for the company to repurchase up to $250M of its outstanding common stock. The company has nearly exhausted the $100M authorized under its share repurchase program announced in December 2013. The new repurchase program will be funded from the Company’s internal funds.