Everus Construction Group (ECG) is trading higher as investors react to a fresh earnings catalyst: the company’s May 5, 2026 first-quarter 2026 results and an upward revision to full-year 2026 guidance. The update highlighted record quarterly revenue, profit, and backlog, reinforcing confidence in demand across Everus’ electrical & mechanical and transmission & distribution end markets. (stocktitan.net)

Everus posted Q1 2026 revenue of $1.04 billion (+25.4% year over year) and net income of $58.3 million (+58.9%), translating to diluted EPS of $1.14 (+58.3%). EBITDA rose to $88.9 million (+43.9%) with an 8.6% margin, and backlog ended the quarter at a record $3.68 billion, up 14.0% from Dec. 31, 2025 and up 20.4% from March 31, 2025. (stocktitan.net)

Management lifted 2026 guidance, now forecasting revenue of $4.3 billion to $4.4 billion and EBITDA of $345 million to $360 million, citing the strong quarter and the SE&M Constructors acquisition that closed in Q2. The company also noted pro forma net leverage of roughly 0.5x as of April 2, framing additional financial flexibility for growth initiatives. (stocktitan.net)

In Electrical & Mechanical, management pointed to higher workloads in the commercial end market, with continued growth in the data center submarket, helping drive segment revenue to $835.1 million (+28.8%). In Transmission & Distribution, revenue increased to $204.4 million (+10.5%), supported by utility work including transmission and storm activity, which helped underpin margin expansion and backlog durability. (stocktitan.net)