Everus Construction Group (ECG) to Release Earnings on Tuesday

Key Points

• Everus Construction Group is expected to report its Q2 2025 earnings on August 12th, with projected earnings of $0.65 per share and revenue of $749.12 million.
• The company recently had a strong performance in its last quarterly report, with earnings of $0.72 per share and revenue surpassing estimates by 32.1%.
• Several analyst firms have raised their price targets for Everus Construction Group, with a consensus target now at $73.67 and ratings ranging from "hold" to "buy".

Everus Construction Group (NYSE:ECG - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 12th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $749.12 million for the quarter. Everus Construction Group has set its FY 2025 guidance at EPS.

Everus Construction Group (NYSE:ECG - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.29. The firm had revenue of $826.63 million during the quarter, compared to analysts' expectations of $676.35 million. Everus Construction Group had a net margin of 4.98% and a return on equity of 33.27%. Everus Construction Group's quarterly revenue was up 32.1% compared to the same quarter last year. On average, analysts expect Everus Construction Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Everus Construction Group Stock Performance

Everus Construction Group stock traded down $1.51 during mid-day trading on Thursday, hitting $71.56. 241,805 shares of the company's stock were exchanged, compared to its average volume of 513,280. Everus Construction Group has a 1-year low of $31.38 and a 1-year high of $77.93. The stock has a 50 day moving average of $65.38 and a two-hundred day moving average of $54.07. The company has a current ratio of 1.78, a quick ratio of 1.69 and a debt-to-equity ratio of 0.60.

Hedge Funds Weigh In On Everus Construction Group

A number of institutional investors have recently made changes to their positions in ECG. Millennium Management LLC boosted its stake in Everus Construction Group by 42.7% during the 1st quarter. Millennium Management LLC now owns 244,421 shares of the company's stock valued at $9,066,000 after purchasing an additional 73,128 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Everus Construction Group by 74.4% during the first quarter. Goldman Sachs Group Inc. now owns 178,790 shares of the company's stock worth $6,631,000 after buying an additional 76,252 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Everus Construction Group by 33.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 140,397 shares of the company's stock valued at $5,207,000 after acquiring an additional 34,868 shares during the period. Jane Street Group LLC boosted its position in shares of Everus Construction Group by 184.4% in the first quarter. Jane Street Group LLC now owns 71,323 shares of the company's stock valued at $2,645,000 after acquiring an additional 46,247 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of Everus Construction Group by 155.0% in the first quarter. Royal Bank of Canada now owns 48,839 shares of the company's stock worth $1,811,000 after acquiring an additional 29,689 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ECG. Stifel Nicolaus raised their price objective on Everus Construction Group from $71.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Oppenheimer increased their price target on Everus Construction Group from $66.00 to $70.00 and gave the company an "outperform" rating in a report on Friday, July 18th. Wall Street Zen cut shares of Everus Construction Group from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Finally, DA Davidson upped their price objective on shares of Everus Construction Group from $58.00 to $68.00 and gave the stock a "neutral" rating in a report on Thursday, May 15th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Everus Construction Group has an average rating of "Hold" and an average target price of $73.67.

About Everus Construction Group

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.