Everus Construction Q4 revenue beats expectations

Everus Construction

24/02/2026 21:39

Overview

Construction services provider's Q4 revenue rose 33.1%, beating analyst expectations

Adjusted EPS for Q4 increased 61.2% to $1.08

Company backlog increased 16.1% to $3.23 bln, reflecting strong demand

Outlook

Everus expects 2026 revenues between $4.1 bln and $4.2 bln

Company forecasts 2026 EBITDA between $320 mln and $335 mln

Everus plans 2026 capital expenditures of $90 mln to $100 mln

Result Drivers

E&M GROWTH - E&M segment revenues increased 44% due to higher workloads in commercial and renewables markets, particularly in data centers

T&D EXPANSION - T&D segment revenues rose 6.8% driven by higher workloads in utility and transportation markets

Company press release: ID:nBwc4LYsDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.01 bln
$879.57 mln (5 Analysts)
Q4 EPS
$1.08
Q4 Net Income
$55.30 mln
Q4 Gross Margin
11.60%
Q4 EBITDA
$84.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Everus Construction Group Inc is $105.00, about 1% below its February 23 closing price of $106.08

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)