MasTec IncImpact on stocks 4
MasTec Inc
Quanta Services Inc
EMCOR Group IncEMCOR is acquiring five companies adding $625M revenue and $105M EBITDA, with 2026/2027 EPS estimates revised upward.
China Dvlp Bk Finl Leasing Co
EMCOR Group is expanding its Mechanical and Electrical Construction and Mechanical Services capabilities through acquisitions, with five acquired companies generating $625 million of revenues and $105 million of EBITDA over the 12 months ended June 30. EMCOR expects these businesses to contribute $250 million to $275 million of revenues in the second half of 2026, with Schmidt Electric and Connelly Electric accounting for about 75% of the aggregate revenues and EBITDA represented by the five acquisitions. B&B adds a presence in Wisconsin and brings industrial capabilities, while Schmidt expands EMCOR's position in Texas, including Austin, San Antonio and Houston, and Connelly adds capabilities across Northwest Indiana, Illinois and the southern Chicago suburbs. Near-term earnings contribution from the latest deals is moderated by acquisition-related backlog amortization, though that impact is expected to decline over the following 12-18 months. EMCOR's earnings estimates for 2026 and 2027 have moved upward in the past 60 days to $32.98 and $37.23 per share, respectively, implying year-over-year growth of 27.5% and 12.9%.
MasTec Inc
Quanta Services Inc
EMCOR Group IncEMCOR is acquiring five companies adding $625M revenue and $105M EBITDA, with 2026/2027 EPS estimates revised upward.
China Dvlp Bk Finl Leasing Co