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AI brief of an SEC Form 8-K · Everus Construction Group (ECG)

Everus Q3 revenue rises 6.1% to $761.0 million; net income up 16.1%

Positive Impact 3 of 5 earnings Written later

Everus Construction Group reported third quarter 2024 results, with revenue of $761.0 million, up 6.1% from a year earlier, and net income of $41.8 million, or 82 cents per share. The company reiterated its 2024 guidance of $2.65 billion to $2.85 billion in revenue and $220 million to $240 million in EBITDA, and said its backlog reached $2.88 billion, up 43.5% from the start of the year. Shareholders get a clear quarter of growth in revenue and profit, while the full-year outlook was held rather than changed.

Key points

  • Revenue of $761.0 million, up 6.1%; net income of $41.8 million, up 16.1%; EPS of 82 cents, up 15.5%
  • EBITDA of $65.0 million, up 12.1%; EBITDA margin of 8.5%, up 40 basis points
  • Backlog of $2.88 billion at Sept. 30, 2024, up 43.5% from prior year-end
  • 2024 guidance reiterated: revenue $2.65 billion to $2.85 billion; EBITDA $220 million to $240 million

The filing

CompanyEverus Construction Group (ECG)
Form8-K, current report
Filed with the SECNov 6, 2024, 4:40 PM ET
Accession number0002015845-24-000016

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.