Emcor Group (EME) Posts Gains Amid Market Downturn Despite Construction Sector Losses

Emcor Group (EME) shares rose 1.25% to $737.66, outperforming the S&P 500's 1.36% loss. The construction and maintenance company has dropped 8.65% over the past month, but analysts expect a 7.21% YoY earnings increase in its upcoming earnings report. The Zacks Rank system has an impressive outside-audited track record, and Emcor Group currently holds a Zacks Rank of #3 (Hold). The company's Forward P/E ratio is 25.81, a premium compared to its industry average.