8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                          Date of Report: June 22, 2004

                          Commission File No. 001-13783

                      INTEGRATED ELECTRICAL SERVICES, INC.

             (Exact name of registrant as specified in its charter)

           DELAWARE                                      76-0542208
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)


                              1800 West Loop South
                                    Suite 500
                                 Houston, Texas           77027
               (Address of principal executive offices) (zip code)

       Registrant's telephone number, including area code: (713) 860-1500







ITEM 7.  EXHIBITS

    (C)  Exhibits

         Exhibit No.        Description
         -----------        -----------

         99.1               Press Release dated June 22, 2004.


ITEM 9.  Regulation FD Disclosure

                  On June 22, 2004 Integrated Electrical Services, Inc. issued a
         press release announcing revised guidance for the fiscal third quarter
         ended June 30, 2004. The press release is attached as an exhibit
         hereto.







                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                          INTEGRATED ELECTRICAL SERVICES, INC.


                                              By: /s/ Jeffrey Pugh
                                                 -------------------------------
                                                 Jeffrey Pugh
                                                 Senior Vice President and
                                                 Chief Financial Officer


Dated: June 22, 2004







                                  EXHIBIT INDEX


Exhibit No.          Description
- -----------          -----------

99.1                 Press Release dated June 22, 2004.

EX-99.1

                                                                    Exhibit 99.1


(INTEGRATED ELECTRICAL SERVICES, INC. LOGO)            NEWS RELEASE



                                 Contacts:  Jeffrey Pugh, CFO
                                            Integrated Electrical Services, Inc.
                                            713-860-1500

FOR IMMEDIATE RELEASE                       Ken Dennard / ksdennard@drg-e.com
                                            Karen Roan / kcroan@drg-e.com
                                            DRG&E / 713-529-6600


INTEGRATED ELECTRICAL SERVICES REVISES
FISCAL THIRD QUARTER OUTLOOK

HOUSTON -- JUNE 22, 2004 -- Integrated Electrical Services, Inc. (NYSE: IES)
today announced that based on preliminary review, it has revised its financial
outlook for the fiscal third quarter ending June 30, 2004. IES now expects
fiscal third quarter earnings to range between $0.04 and $0.07 per diluted
share, down from prior guidance of $0.10 to $0.17 per share. The revised
estimate includes estimated charges of $0.03 per share from the write-off of a
receivable related to one customer that was determined to be uncollectible in
the quarter, and losses of approximately $0.03 per share on three
underperforming subsidiaries.

         The three underperforming subsidiaries are being merged into other
subsidiaries to improve their performance and lower IES' overall cost structure.
Additionally, IES continues to experience margin pressure from the increase in
copper, steel and gasoline prices and believes the impact will be approximately
$0.08 to $0.09 during the third quarter which is within the range indicated when
the initial third quarter guidance was provided. Updated fourth quarter and full
year guidance will be provided on IES' third quarter conference call when actual
fiscal third quarter results are released during the week of August 2, 2004.

         Roddy Allen, IES' President and CEO, stated, "The third quarter will be
below our prior expectations due to the write-off of the receivable and the
underperforming businesses. Revenues through May remain consistent with last
year's performance and selling general and administrative expenses are
continuing to trend lower compared to the third quarter one year ago both in
terms of total dollars and as a percentage of revenues. We continue to work very
hard to manage the increased copper, steel and gasoline costs and now have them
incorporated in our pricing on new projects; however the full effects of these
changes will not be realized until some of our existing projects are completed."

         Integrated Electrical Services has scheduled a conference call for
Wednesday, June 23, 2004 at 9:00 a.m. eastern time to discuss the revised
guidance. To participate in the conference




call, dial (303) 262-2190 at least ten minutes before the call begins and ask
for the Integrated Electrical Services conference call. A replay of the call
will be available approximately two hours after the live broadcast ends and will
be accessible until June 30, 2004. To access the replay, dial (303) 590-3000
using a pass code of 11001378.

         Investors, analysts and the general public will also have the
opportunity to listen to the conference call over the Internet by visiting
www.ies-co.com. To listen to the live call on the web, please visit the
company's web site at least fifteen minutes before the call begins to register,
download and install any necessary audio software. For those who cannot listen
to the live web cast, an archive will be available shortly after the call.

         Integrated Electrical Services, Inc. is a leading national provider of
electrical solutions to the commercial and industrial, utility, residential and
service markets. The company offers electrical system design and installation,
contract maintenance and service to large and small customers, including general
contractors, developers and corporations of all sizes.

This press release includes certain statements, including statements relating to
the Company's expectations of its future operating results that may be deemed to
be "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on the Company's
expectations and involve risks and uncertainties that could cause the Company's
actual results to differ materially from those set forth in the statements. Such
risks and uncertainties include, but are not limited to, the inherent
uncertainties relating to estimating future results, fluctuations in operating
results because of downturns in levels of construction, incorrect estimates used
in entering into fixed price contracts, difficulty in managing or merging the
operations of existing entities, the high level of competition in the
construction industry, interest rate changes, general level of the economy,
changes in the level of competition from other major electrical contractors,
price changes in the cost of labor, increases in the cost of steel, copper and
other products used in the electrical industry, the cost and availability of
surety bonding and bonding capacity and due to weather. The foregoing and other
factors are discussed and should be reviewed in the Company's filings with the
Securities and Exchange Commission, including the Company's Annual Report on
Form 10-K for the year ended September 30, 2003.

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