Everus Construction reports Q3 EPS $1.11, consensus 65c

Reports Q3 revenue $986.8M, consensus $830.6M. We maintained strong business momentum through the third quarter, delivering record revenue and EBITDA driven by excellent project execution and robust opportunities across our core end markets,” said Jeffrey S. Thiede, president and CEO of Everus. “Revenues increased 30%, with margin expansion in both our E&M and T&D segments, resulting in 37% EBITDA growth. Our E&M segment increased revenue by 43% and EBITDA by 64%, supported by continued strength in the data center submarket.