Emcor Group Stock Sinks As Market Gains: Here's Why

Emcor Group (NYSE: EME) ended the recent trading session at $433.56, demonstrating a -0.36% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.

Coming into today, shares of the construction and maintenance company had gained 15.23% in the past month. In that same time, the Construction sector gained 3.49%, while the S&P 500 gained 1.65%.

The investment community will be paying close attention to the earnings performance of Emcor Group in its upcoming release. The company is forecasted to report an EPS of $4.99, showcasing a 38.23% upward movement from the corresponding quarter of the prior year. ...