Welcome to our dedicated page for Everus Constr Group news (Ticker: ECG), a resource for investors and traders seeking the latest updates and insights on Everus Constr Group stock.
Everus Construction Group, Inc. (NYSE: ECG) is an engineering and construction company that reports frequent updates on its operations, financial performance and corporate developments. As a member of the S&P SmallCap 600® index, Everus attracts attention from investors who follow specialty contracting businesses in the electrical and mechanical (E&M) and transmission and distribution (T&D) markets across the United States.
The ECG news feed features earnings releases that detail segment performance, backlog trends, cash flow and guidance. These updates explain how Everus’ E&M and T&D segments are performing in end markets such as commercial, industrial, institutional, utility, transportation and renewable energy. Management commentary often discusses project timing, efficiency gains, project mix and demand across data center, utility and transportation submarkets.
In addition to quarterly results, Everus issues news on governance and leadership changes, including board appointments and executive roles such as vice president of business development. These announcements provide insight into the company’s focus on relationships, strategic priorities and expertise in power generation, distribution and renewable-related sectors.
Investors can also follow ECG news for information on participation in industrials, energy, power and renewables investor conferences, where Everus executives meet with institutional investors. Legal and regulatory developments, such as the dismissal of a securities class action, are also communicated through press releases.
By reviewing the ECG news page regularly, readers can track how Everus describes its business momentum, backlog, capital allocation and strategic direction over time, using official company statements and disclosures.
Everus Construction Group (NYSE: ECG) has appointed Helena Hernandez to its board of directors. Hernandez brings over 25 years of energy industry experience, having served in executive positions at Florida Power & Light and General Electric. Her expertise spans solar and battery storage, wind operations, and smart grid innovation.
Hernandez will serve on the company's Compensation Committee and Nominating and Governance Committee. She holds a bachelor's degree in industrial engineering from Florida International University and an MBA from the University of Miami School of Business.
Everus Construction Group (NYSE: ECG) announced the voluntary dismissal of a securities class action lawsuit that was previously filed against the company and certain directors and officers. The lawsuit, filed by John Scofield in the U.S. District Court for the Southern District of New York, sought damages for alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The case was dismissed without prejudice on May 28, 2025, as disclosed in the company's first quarter 2025 Form 10-Q filed on April 4, 2025.
Everus Construction Group (NYSE: ECG) announced its leadership team's participation in three upcoming investor conferences. President and CEO Jeffrey S. Thiede and CFO Maximillian J. Marcy will attend:
- KeyBanc Capital Markets Industrials & Basic Materials Conference on May 29 at InterContinental Boston
- Stifel 2025 Cross Sector Insight Conference on June 3 at InterContinental Boston
- J.P. Morgan Energy, Power & Renewables Conference on June 24 at InterContinental New York Barclay
The executives will be available for one-on-one meetings with registered conference attendees.
Everus Construction Group (NYSE: ECG) has scheduled its first quarter 2025 financial results announcement for May 13, after market close. The company will host a webcast on May 14 at 10:30 a.m. EDT to discuss:
- Q1 2025 financial performance
- Recent company events
- Interactive Q&A session
Investors can access the webcast and presentation materials through the "Events & Presentations" section on investors.everus.com. Participants should register 15 minutes before the start time. The event is accessible via:
- Website webcast
- USA/International call: 646-307-1963
- Toll-free (USA): 800-715-9871
- Conference ID: 1034822
A replay will be available on the company website after the event.
Everus Construction Group (NYSE: ECG) has appointed Timothy R. Sznewajs as Vice President of Corporate Development and Strategy. Sznewajs brings over 20 years of middle-market construction services investment banking experience, previously serving as managing director at D.A. Davidson & Co., where he specialized in mergers and acquisitions within electrical, mechanical, and transmission sectors.
Prior to his decade at D.A. Davidson, Sznewajs co-led FMI Capital Advisors and began his career in Goldman Sachs' M&A department. He holds an MBA from Northwestern University and economics degree from Notre Dame. The appointment aligns with Everus's '4EVER strategy' focused on delivering sustained profitable growth and long-term stockholder value through strategic M&A and organic investments.
Everus Construction Group (NYSE: ECG) has announced its participation in the upcoming Cantor Global Technology Conference. The event will take place on March 12 at the InterContinental New York Barclay Hotel in New York City.
President and CEO Jeffrey S. Thiede and Vice President and CFO Maximillian J Marcy will represent the company and be available for one-on-one meetings with registered conference investors. Interested parties are advised to contact their Cantor salesperson for additional information about meeting opportunities.
Everus Construction Group (NYSE: ECG) reported strong Q4 and full-year 2024 results. Q4 revenues increased 19.5% to $759.7M, with net income of $34.4M and EPS of 67 cents. Full-year 2024 revenues remained stable at $2.85B, while net income grew 4.5% to $143.4M with EPS of $2.81.
The company completed its spinoff from MDU Resources Group on Oct. 31, 2024. Year-end backlog increased significantly by 38.3% to $2.8B. EBITDA for 2024 rose 4.3% to $232.2M with an improved margin of 8.1%.
Looking ahead to 2025, Everus provided guidance projecting revenues between $3.0B-$3.1B and EBITDA of $210M-$225M. The company maintains a strong financial position with $69.9M in cash and a net leverage ratio of 1.0x as of December 31, 2024.
Everus Construction Group (NYSE: ECG) has announced it will release its fourth quarter and full-year 2024 financial results after market close on February 11, 2024. The company will host a webcast on February 12 at 10:30 a.m. EST to discuss the results and recent events, including a Q&A session.
Investors can access the webcast through the company's website under the 'Events & Presentations' tab at investors.everus.com. Participants are advised to register 15 minutes before the start time. The webcast will also be accessible via phone, with both toll-free and international dial-in options available. A replay will be made available on the company's website after the event.
Everus Construction Group (NYSE: ECG) announced its participation in the upcoming Wolfe Research Small and Mid-Cap Conference, a virtual event scheduled for December 5. President and CEO Jeffrey S. Thiede and CFO Maximillian J Marcy will represent the company and conduct one-on-one meetings with registered investors. Interested parties can obtain attendance information through Wolfe Research sales representatives.