Jacobs Solutions, Inc. (J) is slated to report second-quarter fiscal 2025 results on May 6, before market open.In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 3.1% and 0.1%, respectively. On a year-over-year basis, its adjusted earnings declined 8.3% but revenues moved up 4.4%.The leading provider of professional, technical and construction services’ earnings have topped the consensus mark in the last four quarters, the average being 2%.How are Estima ...

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 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 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: Law Firm Background - Levi & Korsinsky 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].

Core Insights - Fluor Corporation reported mixed first-quarter 2025 results, with adjusted earnings exceeding the Zacks Consensus Estimate while revenues fell short [1][3] - The company's performance reflects the impact of its four-year strategy aimed at expanding a reimbursable backlog and improving project execution [2] Financial Performance - Adjusted earnings per share (EPS) were 73 cents, surpassing the Zacks Consensus Estimate of 50 cents by 46%, and up from 47 cents in the same quarter last year [3] - Quarterly revenues totaled $3.98 billion, missing the consensus mark of $4.25 billion by 6.3%, but grew 7% from $3.82 billion year-over-year [3] - Segment profit was $131 million, an 11% increase year-over-year, with a segment margin of 3.3%, up 10 basis points from the previous year [3] Segment Performance - The Energy Solutions segment saw revenues decline by 15.7% year-over-year to $1.21 billion, attributed to reduced execution activity on nearing completion projects [5] - The Urban Solutions segment reported revenues of $2.16 billion, a significant increase of 45.8% year-over-year, driven by heightened execution activities on life sciences projects [7] - The Mission Solutions segment's revenues totaled $597 million, down 0.7% from the previous year, with a margin decrease of 290 basis points to 0.8% [8] New Awards and Backlog - Total new awards for the quarter were $5.81 billion, down from $7.02 billion year-over-year, with a consolidated backlog of $28.72 billion, down from $32.74 billion [4] - The Urban Solutions segment achieved new awards of $5.33 billion, up from $4.87 billion a year ago, with a backlog of $20.15 billion, an increase of 8.3% [8] Cash and Guidance - As of March 31, 2025, Fluor had cash and cash equivalents of $2.43 billion, down from $2.83 billion at the end of 2024 [11] - The company maintains its 2025 guidance for adjusted EPS in the range of $2.25-$2.75 and adjusted EBITDA between $575 million and $675 million [12]

Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Jason Landkamer - VP - IRJim Breuer - CEOJohn Regan - CFOJamie Cook - Managing Director - Equity ResearchAndrew Kaplowitz - Managing DirectorJudah Aronovitz - Associate Director - Equity Research Conference Call Participants Michael Dudas - Equity Research AnalystAndrew Wittmann - Senior Research Analyst Operator replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fl ...

Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fluor's website at investor.fluor.com. The web replay will be available for thirty days. A telephone replay will also be available for seven days through a registration link, also accessible on website at investor.fluor.com. At this time, for opening remarks, I would like to turn the call over to Jason Landkammer, Vice Presiden ...

NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Everus Construction Group, Inc. ("Everus Construction " or the "Company") (NYSE: ECG) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Everus Construction investors who were adversely affected by alleged securities fraud between October 31, 2024 and February 11, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/psl ...

Core Viewpoint - A federal securities class action has been filed on behalf of investors in Everus Construction Group, Inc. due to undisclosed issues regarding the company's backlog conversion cycle and revenue recognition delays [1][5]. Company Overview - Everus Construction Group, Inc. was formerly known as MDU Construction Services Group, Inc. and operated as a wholly owned subsidiary of CEHI, LLC, which is a subsidiary of MDU Resources [3]. - The company's stock began trading on the NYSE following its spinoff on October 31, 2024 [3]. Financial Performance - On February 11, 2025, Everus reported its fourth quarter and full year 2024 financial results, projecting revenue between $3.0 billion and $3.1 billion and EBITDA between $210 million and $225 million for 2025 [4]. - The company indicated that its backlog conversion would be extended due to larger and more complex projects, which would affect revenue recognition [4]. Stock Market Reaction - Following the financial results announcement, Everus shares fell by $12.43, approximately 18%, from $68.42 to $55.99 per share [4]. Legal Action - The class action complaint alleges that the company failed to disclose critical information regarding the elongation of its backlog conversion cycle and the resulting delays in revenue recognition during the class period [5].

Core Insights - EMCOR Group, Inc. reported strong first-quarter 2025 results, with adjusted earnings and revenues exceeding expectations and showing year-over-year growth [1][3][6] - The company's performance benefited from virtual design and construction technologies, prefabrication capabilities, and the acquisition of Miller Electric [1][2] Financial Performance - Adjusted earnings per share (EPS) reached $5.41, surpassing the Zacks Consensus Estimate of $4.57 by 18.4%, compared to $4.17 in the same quarter last year [3] - Revenues totaled $3.87 billion, exceeding the consensus estimate of $3.8 billion by 1.9% and increasing 12.7% from $3.43 billion year-over-year [6] Segment Performance - U.S. Construction Services segment revenues grew 21.3% year-over-year to $2.66 billion, with operating income increasing by 33.2% and margin expanding to 12.1% [7] - U.S. Electrical Construction and Facilities Services revenues rose 42.3% year-over-year to $1.09 billion, with operating income up 48.6% and margin at 12.5% [8] - U.S. Mechanical Construction and Facilities Services revenues increased 10.2% year-over-year to $1.57 billion, with operating income rising 23.9% and margin at 11.9% [9] - U.S. Building Services revenues decreased 4.9% year-over-year to $742.6 million, while operating income grew 8.9% [9] - U.S. Industrial Services revenues inched up 1.4% year-over-year to $359 million, but operating income dropped 62.4% [10] - U.K. Building Services revenues increased 0.6% year-over-year to $105.3 million, with operating income falling 7.3% [10] Operating Metrics - Gross margin expanded 150 basis points year-over-year to 18.7%, while operating margin improved to 8.2% from 7.6% [11] - Selling, general and administrative expenses as a percentage of revenues increased by 80 basis points to 10.4% [11] Liquidity and Cash Flow - As of March 31, 2025, cash and cash equivalents stood at $576.7 million, down from $1.34 billion at the end of 2024 [12] - Net cash provided by operating activities was $108.5 million, compared to $132.3 million in the prior year [12] - Remaining performance obligations (RPOs) increased year-over-year to $11.75 billion from $9.18 billion [12] Outlook - EMCOR expects annual revenues to be between $16.1 billion and $16.9 billion, with EPS projected in the range of $22.65 to $24.00 [13]

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG). Shareholders who purchased shares of ECG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/everus-construction-group-inc-loss-submission-form/?id=146190&from=3 CL ...

NEW YORK, May 1, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/everus-construction-group-inc-loss-submission-form/?id=146169&from=4CLASS PERIO ...