Everus Construction Group, Inc.(ECG)
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Mid-Cap Marvels: 3 Stocks That Crushed Sales Estimates in May
MarketBeat· 2025-06-12 11:53
Group 1: TransMedics Group - TransMedics Group reported Q1 2025 sales of over $143 million, exceeding analyst expectations by approximately 16% [2] - The company achieved adjusted earnings per share (EPS) of $0.70, more than double the expected amount [3] - TransMedics increased its full-year revenue guidance by $34 million, now forecasting $575 million, which implies a growth of 30% compared to 2024 [4] Group 2: Everus - Everus reported Q1 sales of nearly $827 million, beating forecasts by over $150 million, resulting in a sales beat of over 22% [6] - The company's non-adjusted EPS rose by 31% to $0.72, contrary to analyst expectations of a decline [6] - Everus's order backlog increased by 41% to $3.1 billion, providing a solid revenue floor for future growth [8] Group 3: Excelerate Energy - Excelerate Energy's Q1 sales reached $315 million, surpassing estimates by over 51% [11] - Revenues grew by over 57%, significantly higher than the expected growth of just 4% [11] - The company is positioned to benefit from rising global demand for LNG, with Jefferies initiating coverage with a $39 price target [11]
ECG DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Everus Construction Group, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important June 3 Deadline in Securities Class Action – ECG
GlobeNewswire News Room· 2025-05-29 22:31
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Everus Construction Group, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the lawsuit is defined as October 31, 2024, to February 11, 2025, and includes those who held MDU Resources common stock and acquired Everus Construction common stock during the spinoff [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 3, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Everus Construction made false or misleading statements regarding its backlog conversion cycle, which had become elongated due to larger, more complex projects [5]. - It is claimed that this led to delays in revenue recognition and that the positive statements made by the defendants about the company's business and prospects were materially misleading [5].
Shareholders that lost money on Everus Construction Group, Inc.(ECG) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2025-05-29 16:12
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions during a specified class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from October 31, 2024, to February 11, 2025 [3]. - Allegations include that the company’s backlog conversion cycle has elongated due to larger, more complex projects, leading to delayed revenue recognition [3]. - The lawsuit claims that the defendants made positive statements about the company's business that were materially misleading and lacked a reasonable basis [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
ECG LAWSUIT ALERT: The Gross Law Firm Notifies Everus Construction Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-05-29 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from October 31, 2024, to February 11, 2025 [1]. - Allegations include that the company's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delayed revenue recognition [1]. - The positive statements made by the defendants about the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by June 3, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of June 3, 2025 Lead Plaintiff Deadline in the Everus Construction Group, Inc. (ECG) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm
GlobeNewswire News Room· 2025-05-27 16:17
Core Points - A shareholder class action lawsuit has been filed against Everus Construction Group, Inc. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that Everus's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delays in revenue recognition [1] Legal Context - Shareholders who purchased shares of Everus between October 31, 2024, and February 11, 2025, or held MDU Resources Group, Inc. common stock as of October 21, 2024, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is June 3, 2025 [3]
ECG IMPORTANT DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Everus Construction Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important June 3 Deadline in Securities Class Action – ECG
GlobeNewswire News Room· 2025-05-26 20:15
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Everus Construction Group, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who acquired Everus Construction common stock between October 31, 2024, and February 11, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 3, 2025 [3]. Group 2: Case Background - The lawsuit alleges that during the Class Period, defendants made false or misleading statements regarding Everus Construction's backlog conversion cycle, which had become elongated due to larger, more complex projects [5]. - It is claimed that as a result of these issues, revenue recognition for Everus Construction would be delayed, and positive statements about the company's business and prospects were materially misleading [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].
Everus Construction Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before June 3, 2025 to Discuss Your Rights - ECG
Prnewswire· 2025-05-23 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Everus Construction Group, Inc. for alleged securities fraud affecting investors between October 31, 2024, and February 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed information regarding the Company's backlog conversion cycle, which had become elongated due to larger and more complex projects [2]. - It is alleged that this elongation would lead to delays in revenue recognition, making the defendants' positive statements about the Company's business and prospects materially misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Contact Levi & Korsinsky by June 3, 2025 Deadline to Join Class Action Against Everus Construction Group, Inc. (ECG)
GlobeNewswire News Room· 2025-05-22 17:44
Core Viewpoint - A class action securities lawsuit has been filed against Everus Construction Group, Inc. due to alleged securities fraud affecting investors between October 31, 2024, and February 11, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed information regarding the elongation of the Company's backlog conversion cycle due to larger, more complex projects [2] - It is alleged that this elongation would lead to delays in revenue recognition, making the defendants' positive statements about the Company's business and prospects materially misleading [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
The Gross Law Firm Notifies Shareholders of Everus Construction Group, Inc. (ECG) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-05-21 17:12
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial performance during a specified period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from October 31, 2024, to February 11, 2025, the defendants made materially false and/or misleading statements [3]. - It is claimed that the company's backlog conversion cycle became elongated due to larger, more complex projects, leading to delayed revenue recognition [3]. - As a result of these issues, the defendants' positive statements about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Class Action Details - Shareholders who purchased shares of Everus Construction Group during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is June 3, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [4]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [5].
ROSEN, A LONGSTANDING FIRM, Encourages Everus Construction Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ECG
GlobeNewswire News Room· 2025-05-20 19:16
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Everus Construction Group, Inc. (NYSE: ECG) between October 31, 2024 and February 11, 2025, both dates inclusive (the “Class Period”), including investors who held MDU Resources Group, Inc. (“MDU Resources”) common stock as of October 21, 2024 and acquired Everus Construction common stock issued in connection with the spinoff of Everus Construction on or about October 31, ...