May. 14 at 6:44 PM
$ECG: Everus Construction (+14.1%) is surging today following its robust Q1 earnings last night. This provider of construction services, which was spun off from MDU Resources (MDU) in October 2024, reported an EPS miss in Q4, its first quarter as an independent company. That led to a sell-off in the stock in February. However, it bounced back with huge upside in its Q1 report.
Everus reported a 32.1% yr/yr increase in revs to
$826.6 mln, which blew away analyst expectations. The EPS upside was significant as well. It seems that analyst models were caught off guard following the Q4 miss, so maybe analyst estimates were much more conservative heading into Q1. Regardless, this was a very good redemptive quarter for Everus. https://www.briefing.com/story-stocks/archive/2025/5/14/everus-construction-rebounds-from-q4-miss-with-huge-q1-upside-(ecg)?utm_campaign=storystocks&utm_medium=social&utm_source=st&utm_content=link