Everus (ECG) Expected to Announce Quarterly Earnings on Tuesday

Everus (NYSE:ECG - Get Free Report) is expected to post its quarterly earnings results after the market closes on Tuesday, February 11th. Analysts expect Everus to post earnings of $0.73 per share and revenue of $674.94 million for the quarter. Everus has set its FY 2024 guidance at EPS.

Everus (NYSE:ECG - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.82 earnings per share for the quarter. The business had revenue of $760.99 million during 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 Price Performance

NYSE:ECG traded down $1.87 during mid-day trading on Friday, reaching $68.62. The company's stock had a trading volume of 901,408 shares, compared to its average volume of 584,894. Everus has a 12-month low of $40.05 and a 12-month high of $77.93. The firm's fifty day simple moving average is $68.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Stifel Nicolaus upped their price target 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. Wolfe Research assumed coverage on shares of Everus in a research report on Tuesday, December 3rd. They set a "peer perform" rating for the company. Oppenheimer upped their price target on shares of Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Finally, DA Davidson assumed coverage on shares of Everus in a research report on Monday, November 4th. They set a "neutral" rating and a $55.00 price target for the company.

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.