Exhibit

For the second quarter of 2017, net income from continuing operations attributable to EMCOR was $56.8 million, or $0.95 per diluted share, compared to $56.5 million, or $0.92 per diluted share, for the second quarter of 2016. Included in net income from continuing operations attributable to EMCOR for the second quarter of 2016 were after-tax transaction expenses of $1.7 million, or $0.03 per diluted share, related to the acquisition of Ardent Services, L.L.C. and Rabalais Constructors, LLC (collectively, “Ardent”), which was completed on April 15, 2016. Excluding these expenses, non-GAAP net income from continuing operations attributable to EMCOR for the second quarter of 2016 was $58.1 million, or $0.95 per diluted share. Revenues for the second quarter of 2017 were $1.90 billion compared to $1.93 billion for the second quarter 2016.

Operating income for the second quarter of 2017 was $92.8 million, or 4.9% of revenues, compared to $92.3 million, or 4.8% of revenues, in the year ago period. Included in operating income for the second quarter of 2016 were pre-tax transaction expenses of $2.8 million related to the Ardent acquisition. Excluding these expenses, non-GAAP operating income for the second quarter of 2016 was $95.0 million, or 4.9% of revenues.

Backlog as of June 30, 2017 was $4.10 billion, an increase of 7.6% from $3.81 billion at the end of the second quarter of 2016. Total domestic backlog grew $265.1 million year-over-year and backlog in the U.K. segment increased $25.0 million. Backlog growth in the U.S. Electrical Construction, U.S. Mechanical Construction and U.K. Building Services segments more than offset declines in the U.S. Building Services and U.S. Industrial Services segments. From an end-market perspective, backlog growth in the commercial, healthcare, institutional and hospitality markets was partially offset by declines in the industrial, transportation and water & wastewater sectors.

Tony Guzzi, President and Chief Executive Officer of EMCOR, commented, “The Company delivered record second quarter diluted earnings per share from continuing operations driven primarily by a combination of solid non-residential construction demand and strong project execution. Our combined U.S. Construction segments continued to deliver top-line growth, with overall revenues up 13.8% over last year, 11.2% of which was organic. Each of our segments, with the exception of our U.S. Industrial Services, delivered operating income growth. Notably, backlog continued to expand, increasing 7.6% year-over-year and 3% sequentially, with book-to-bill at the highest level in nearly two years. We are also encouraged that the growth in our backlog is broad-based across geographies and end-markets despite strong revenue growth.”

Mr. Guzzi added, “Our U.S. Electrical and Mechanical Construction segments were once again standouts in the quarter, with organic revenue growth of 5% and 15%, respectively. Our U.S. Electrical Construction segment delivered a 40% increase in operating income and 160 basis points of operating margin expansion, while our U.S. Mechanical Construction segment saw a 40% increase in operating income, a portion of the gain driven by the recovery, within the quarter, of losses stemming from a contract dispute in late 2016. Excluding this recovery, operating income in our U.S. Mechanical Construction segment increased by a solid 9% in the second quarter, highlighting continued strong market demand for our services. Additionally, 2016’s second quarter was negatively impacted by a significant write-down on a transportation project within our U.S. Electrical Construction segment. We are also pleased with the performance of our U.S. Building Services segment, which despite a mid-single-digit decline in revenues, delivered a 9% increase in operating income and 60 basis points of operating margin expansion, largely as a result of the solid execution in the mobile mechanical services business within this segment. By contrast, second quarter results for our U.S. Industrial Services segment declined as expected, reflecting the fact we benefited from an elongated 2016 spring turnaround season and from a large specialty service project underway in the year ago quarter. Lastly, the results of our U.K. segment for the second quarter achieved a 7% increase in operating income and 80 basis points of operating margin expansion, despite significant foreign exchange headwinds.”

Revenues for the first six months of 2017 totaled $3.79 billion, an increase of 3.0% compared to $3.68 billion for the first six months of 2016. Net income from continuing operations attributable to EMCOR for the first six months of 2017 was $109.9 million, or $1.84 per diluted share, compared to $90.9 million, or $1.48 per diluted share, for the first six months of 2016. Included in net income from continuing operations attributable to EMCOR for the first six months of 2016 were after-tax transaction expenses of $2.3 million, or $0.04 per diluted share, related to the acquisition of Ardent. Excluding these transaction expenses, non-GAAP net income from continuing operations attributable to EMCOR for the first six months of 2016 was $93.2 million, or $1.52 per diluted share.

Operating income for the first six months of 2017 was $175.6 million, or 4.6% of revenues, compared to $147.9 million, or 4.0% of revenues, for the first six months of 2016. Included in operating income for the first six months of 2016 were pre-tax transaction expenses of $3.8 million related to the acquisition of Ardent. Excluding these transaction expenses, non-GAAP operating income for the first six months of 2016 was $151.7 million, or 4.1% of revenues. SG&A totaled $364.3 million, or 9.6% of revenues, for the first six months of 2017 compared to $349.2 million, or 9.5% of revenues, for the first six months of 2016.

Mr. Guzzi concluded, “We are very pleased with our execution year-to-date and encouraged by the increase in our backlog and the continued steady growth in U.S. non-residential construction. As a result, we are raising our 2017 revenue guidance to the high-end of our previous range and increasing our diluted earnings per share guidance. The midpoint of our guidance range represents a 13% increase in diluted earnings per share from continuing operations, year-over-year, excluding the transaction expenses associated with the Ardent acquisition in 2016. Our updated guidance reflects the better than expected results reported in the first half of the year and the continued strength in the end-markets in which we operate. However, it also recognizes the headwinds that we face, particularly in our U.S. Industrial Services segment, which will continue to be impacted by the difficult year-over-year comparisons created by the large specialty service project in the second and third quarters of the prior year. As we look ahead, our healthy balance sheet will continue to provide us with the flexibility to pursue strategic acquisitions, while returning capital to our shareholders through additional share repurchases and dividends.”

Based on the current size and mix of backlog and expectations for continued improvement in market conditions, EMCOR now expects full year 2017 revenues to be approximately $7.6 billion, the high end of the previous guidance range of $7.5 billion to $7.6 billion. The Company now expects full year 2017 diluted earnings per share from continuing operations to be in the range of $3.40 to $3.60, up from the previous range of $3.20 to $3.50.

This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR’s services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR's business are also discussed in the Company's 2016 Form 10-K and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.



	For the three months ended June 30,						For the six months ended June 30,
	2017			2016			2017			2016
Revenues	$	1,895,937		$	1,933,416		$	3,787,669		$	3,678,386
Cost of sales	1,621,436			1,658,675			3,246,828			3,180,537
Gross profit	274,501			274,741			540,841			497,849
Selling, general and administrative expenses	181,337			181,811			364,338			349,213
Restructuring expenses	343			641			908			732
Operating income	92,821			92,289			175,595			147,904
Interest expense	(3,069		)	(3,118		)	(6,140		)	(5,494		)
Interest income	73			192			330			357
Income from continuing operations before income taxes	89,825			89,363			169,785			142,767
Income tax provision	33,019			32,911			59,865			51,880
Income from continuing operations	56,806			56,452			109,920			90,887
Loss from discontinued operation, net of income taxes	(18		)	(1,097		)	(522		)	(1,178		)
Net income including noncontrolling interests	56,788			55,355			109,398			89,709
Less: Net (income) loss attributable to noncontrolling interests	(30		)	25			—			19
Net income attributable to EMCOR Group, Inc.	$	56,758		$	55,380		$	109,398		$	89,728

Basic earnings (loss) per common share:
From continuing operations	$	0.96		$	0.93		$	1.85		$	1.49
From discontinued operation	$	(0.00	)	$	(0.02	)	$	(0.01	)	$	(0.02	)

Diluted earnings (loss) per common share:
From continuing operations	$	0.95		$	0.92		$	1.84		$	1.48
From discontinued operation	$	(0.00	)	$	(0.02	)	$	(0.01	)	$	(0.02	)

Weighted average shares of common stock outstanding:
Basic	59,290,420			60,808,502			59,527,863			60,854,781
Diluted	59,639,061			61,204,221			59,873,416			61,276,278

Dividends declared per common share	$	0.08		$	0.08		$	0.16		$	0.16



	June 30, 2017 (Unaudited)		December 31, 2016
ASSETS
Current assets:
Cash and cash equivalents	$	385,396	$	464,617
Accounts receivable, net	1,501,036		1,495,431
Costs and estimated earnings in excess of billings on uncompleted contracts	132,224		130,697
Inventories	42,451		37,426
Prepaid expenses and other	38,729		40,944
Total current assets	2,099,836		2,169,115
Investments, notes and other long-term receivables	7,722		8,792
Property, plant & equipment, net	127,754		127,951
Goodwill	1,010,399		979,628
Identifiable intangible assets, net	509,341		487,398
Other assets	92,522		79,554
Total assets	$	3,847,574	$	3,852,438
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of long-term debt and capital lease obligations	$	15,318	$	15,030
Accounts payable	469,318		501,213
Billings in excess of costs and estimated earnings on uncompleted contracts	523,115		489,242
Accrued payroll and benefits	271,438		310,514
Other accrued expenses and liabilities	189,668		195,775
Total current liabilities	1,468,857		1,511,774
Borrowings under revolving credit facility	125,000		125,000
Long-term debt and capital lease obligations	276,866		283,296
Other long-term obligations	397,922		394,426
Total liabilities	2,268,645		2,314,496
Equity:
Total EMCOR Group, Inc. stockholders’ equity	1,578,076		1,537,089
Noncontrolling interests	853		853
Total equity	1,578,929		1,537,942
Total liabilities and equity	$	3,847,574	$	3,852,438



	2017			2016
Cash flows - operating activities:
Net income including noncontrolling interests	$	109,398		$	89,709
Depreciation and amortization	20,354			19,265
Amortization of identifiable intangible assets	24,257			20,011
Provision for doubtful accounts	2,543			4,478
Deferred income taxes	(6,410		)	1,734
Excess tax benefits from share-based compensation	(1,554		)	(1,818		)
Equity income from unconsolidated entities	(758		)	(160		)
Other non-cash items	2,208			5,565
Distributions from unconsolidated entities	1,829			863
Changes in operating assets and liabilities, excluding the effect of businesses acquired	(48,978		)	(91,862		)
Net cash provided by operating activities	102,889			47,785
Cash flows - investing activities:
Payments for acquisitions of businesses, net of cash acquired	(82,724		)	(232,283		)
Proceeds from sale of property, plant and equipment	1,629			909
Purchase of property, plant and equipment	(17,668		)	(18,950		)
Net cash used in investing activities	(98,763		)	(250,324		)
Cash flows - financing activities:
Proceeds from revolving credit facility	—			220,000
Repayments of long-term debt	(7,601		)	(8,756		)
Repayments of capital lease obligations	(716		)	(816		)
Dividends paid to stockholders	(9,531		)	(9,734		)
Repurchase of common stock	(65,775		)	(34,074		)
Proceeds from exercise of stock options	—			144
Payments to satisfy minimum tax withholding	(2,637		)	(4,111		)
Issuance of common stock under employee stock purchase plan	2,191			2,383
Payments for contingent consideration arrangements	(1,017		)	—
Distributions to noncontrolling interests	—			(2,050		)
Net cash (used in) provided by financing activities	(85,086		)	162,986
Effect of exchange rate changes on cash and cash equivalents	1,739			(4,259		)
Decrease in cash and cash equivalents	(79,221		)	(43,812		)
Cash and cash equivalents at beginning of year	464,617			486,831
Cash and cash equivalents at end of period	$	385,396		$	443,019



	For the three months ended June 30,
	2017		2016
Revenues from unrelated entities:
United States electrical construction and facilities services	$	449,222	$	420,632
United States mechanical construction and facilities services	741,817		625,547
United States building services	438,264		463,145
United States industrial services	187,476		333,508
Total United States operations	1,816,779		1,842,832
United Kingdom building services	79,158		90,584
Total worldwide operations	$	1,895,937	$	1,933,416



	For the six months ended June 30,
	2017		2016
Revenues from unrelated entities:
United States electrical construction and facilities services	$	892,238	$	768,921
United States mechanical construction and facilities services	1,412,946		1,233,975
United States building services	878,294		906,258
United States industrial services	446,015		591,012
Total United States operations	3,629,493		3,500,166
United Kingdom building services	158,176		178,220
Total worldwide operations	$	3,787,669	$	3,678,386



	For the three months ended June 30,
	2017			2016
Operating income (loss):
United States electrical construction and facilities services	$	32,118		$	23,011
United States mechanical construction and facilities services	53,054			37,936
United States building services	20,185			18,535
United States industrial services	4,373			33,148
Total United States operations	109,730			112,630
United Kingdom building services	3,497			3,258
Corporate administration	(20,063		)	(22,958		)
Restructuring expenses	(343		)	(641		)
Total worldwide operations	92,821			92,289
Other corporate items:
Interest expense	(3,069		)	(3,118		)
Interest income	73			192
Income from continuing operations before income taxes	$	89,825		$	89,363



	For the six months ended June 30,
	2017			2016
Operating income (loss):
United States electrical construction and facilities services	$	63,152		$	39,718
United States mechanical construction and facilities services	93,487			61,717
United States building services	34,394			32,533
United States industrial services	21,417			52,014
Total United States operations	212,450			185,982
United Kingdom building services	5,176			6,569
Corporate administration	(41,123		)	(43,915		)
Restructuring expenses	(908		)	(732		)
Total worldwide operations	175,595			147,904
Other corporate items:
Interest expense	(6,140		)	(5,494		)
Interest income	330			357
Income from continuing operations before income taxes	$	169,785		$	142,767



	For the three months ended June 30,				For the six months ended June 30,
	2017		2016		2017		2016
GAAP net income from continuing operations attributable to EMCOR Group, Inc. ⁽¹⁾	$	56,776	$	56,477	$	109,920	$	90,906
Transaction expenses related to the acquisition of Ardent ⁽²⁾	—		1,672		—		2,328
Non-GAAP net income from continuing operations attributable to EMCOR Group, Inc., excluding Ardent transaction expenses	$	56,776	$	58,149	$	109,920	$	93,234



	For the three months ended June 30,				For the six months ended June 30,
	2017		2016		2017		2016
GAAP diluted earnings per common share from continuing operations	$	0.95	$	0.92	$	1.84	$	1.48
Transaction expenses related to the acquisition of Ardent ⁽¹⁾	—		0.03		—		0.04
Non-GAAP diluted earnings per common share from continuing operations, excluding Ardent transaction expenses	$	0.95	$	0.95	$	1.84	$	1.52



FOR:		EMCOR GROUP, INC.
News Release
CONTACT:		R. Kevin Matz Executive Vice President Shared Services (203) 849-7938

		FTI Consulting, Inc. Investors: Effie Veres (212) 850-5600

		LAK Public Relations, Inc. Media: Lisa Linden / David Simpson (212) 575-4545



		EXHIBIT 99.1



EMCOR Reports Second Quarter Results	Page 2



EMCOR Reports Second Quarter Results	Page 3