Encompass Services Corp. reported a 41 percent drop in earnings for the second quarter with $14.1 million, compared with $23.7 million in the year-earlier period. The company, which said it has seen $850 million in contracts cancelled by customers this year, forecast third-quarter earnings per share of 22 cents to 27 cents on earnings.
Did you enjoy this article? Click here to subscribe to Plumbing & Mechanical. Stay connected with us via social media.
As electronics continue to become smaller, faster, and more affordable, more and more contractors are investing in fleet-management solutions that help reduce their technicians’ time on the road, improve productivity, save gas, and protect these major assets from misuse or theft. Read more stories in 2017 April Issue.