What drove ECG's EPS surge in Q4 2024 beyond forecasts?

Everus Construction Group Inc.'s (ECG) EPS fell by -0.02 in Q4 2024 compared to the estimate, rather than surging. Therefore, it did not experience an EPS surge in Q4 2024 beyond forecasts. Here are the details: |code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code| |---|---|---|---|---|---|---| |ECG|ECG.N|Everus Construction|2024 Q4|8.4698E7|-0.02|169| |code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code| |---|---|---|---|---|---|---| |ECG|ECG.N|Everus Construction|2024 Q2|7.03373E8|38972|169| |ECG|ECG.N|Everus Construction|2024 Q3|7.60985E8|0.82|169| |ECG|ECG.N|Everus Construction|2024 Q4|7.59638E8||169| The company's financial performance was marked by a revenue growth, increased backlog, and successful spin-off from MDU Resources. However, these positive aspects were offset by the costs associated with becoming a standalone public company and increased capital expenditures, which impacted free cash flow. The EBITDA margins also fell compared to the previous year, indicating areas for operational improvement. Overall, while Everus Construction Group Inc. showed strong revenue growth and a significant increase in backlog, these factors did not contribute to an EPS surge in Q4 2024 beyond forecasts.