Everus (ECG) Expected to Announce Earnings on Wednesday

Everus (NYSE:ECG) will likely be releasing its earnings data before the market opens on Wednesday, February 5th. Analysts expect Everus to post earnings of $0.73 per share for the quarter. Everus has set its FY 2024 guidance at EPS.

Everus (NYSE:ECG) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.82 EPS for the quarter. The company had revenue of $760.99 million for the quarter. On average, analysts expect Everus to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Everus Trading Down 1.0 %

ECG stock opened at $67.76 on Wednesday. The business’s 50-day moving average price is $67.96. Everus has a 1 year low of $40.05 and a 1 year high of $77.93. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50.

Analyst Ratings Changes

A number of research firms recently issued reports on ECG. Wolfe Research started coverage on Everus in a report on Tuesday, December 3rd. They set a “peer perform” rating for the company. DA Davidson started coverage on shares of Everus in a research report on Monday, November 4th. They issued a “neutral” rating and a $55.00 price objective on the stock. Stifel Nicolaus raised their target price on shares of Everus from $78.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Oppenheimer boosted their price target on shares of Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th.

About Everus

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.