Earnings Call Summary | EMCOR Group(EME.US) Q1 2024 Earnings Conference
Earnings Call Summary | EMCOR Group(EME.US) Q1 2024 Earnings Conference
The following is a summary of the EMCOR Group, Inc. (EME) Q1 2024 Earnings Call Transcript:
以下是EMCOR集團公司（EME）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
EMCOR Group started the year strongly, setting new Q1 records for revenues at $3.43 billion (up by 18.7%), operating income, operating margin, and earnings per share ($4.17).
The Realizable Profit Opportunities (RPOs) grew to $9.2 billion, a 16.5% increase from the previous year.
Electrical and Mechanical Construction segments exceeded expectations, with Electrical Construction growing 18.6% and Mechanical Construction segment growing revenues by 32.4%.
Industrial Services segment reported its best post-pandemic quarter, benefiting from significant turnarounds.
EMCOR spent $137 million on three strategic acquisitions and signed an agreement for another $38 million acquisition.
The company expects challenges due to high interest rates, supply chain disruptions, and global conflicts, but plans to operate with 7%-7.5% operating margins.
Revised EPS guidance range is $15.50-$16.50 per share, up from $14-$15, and revised revenue guidance is $14-$14.5 billion, up from $13.5-$14 billion.
EMCOR集團今年年初表現強勁，創下了第一季度收入34.3億美元（增長18.7％）、營業收入、營業利潤率和每股收益（4.17美元）的新紀錄。
可實現的利潤機會（RPO）增長到92億美元，比上年增長16.5％。
機電施工板塊超出預期，電氣建築板塊增長18.6％，機械建築板塊收入增長32.4％。
受益於重大轉機，工業服務板塊創下了疫情後的最佳季度。
EMCOR花費了1.37億美元進行了三次戰略收購，並簽署了另外3,800萬美元的收購協議。
該公司預計，高利率、供應鏈中斷和全球衝突將帶來挑戰，但計劃以7％-7.5％的營業利潤率運營。
修訂後的每股收益指導區間爲每股15.50美元至16.50美元，高於14-15美元；修訂後的收入指導範圍爲140億至145億美元，高於135-140億美元。
Business Progress:
業務進展：
EMCOR experienced significant growth in the water and wastewater workloads (30% increase to $636 million) due to population growth in Florida.
EMCOR witnessed a 36% YoY growth in institutional work.
Despite a decrease in the commercial sector, the company saw an increase in work on cold storage warehouses.
The company remains stalwart in its focus on organic growth and strategic acquisitions, emphasizing a robust acquisition pipeline.
EMCOR plans to navigate challenges by leveraging effective plans for ongoing growth.
The company aims to expand into new markets by training existing teams to provide services in untapped areas.
Investments in prefabrication and virtual design have led to productivity improvements, and EMCOR plans to continue in these areas.
EMCOR started the year positively and anticipates continued business growth.
由於佛羅里達州的人口增長，EMCOR的水和廢水處理工作量顯著增長（增加30％至6.36億美元）。
EMCOR見證了機構工作同比增長36％。
儘管商業部門有所下降，但該公司的冷藏倉庫工程有所增加。
該公司仍然堅定不移地專注於有機增長和戰略收購，強調強勁的收購渠道。
EMCOR計劃通過利用有效的持續增長計劃來應對挑戰。
該公司的目標是通過培訓現有團隊在未開發領域提供服務，向新市場擴張。
對預製和虛擬設計的投資提高了生產力，EMCOR計劃繼續在這些領域進行投資。
EMCOR今年年初表現樂觀，預計業務將持續增長。
More details: EMCOR Group IR
更多詳情： EMCOR 集團投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。