MYR Group Inc expected to post earnings of $1.15 a share - Earnings Preview

Myr

26/07/2022 03:03

* MYR Group Inc  MYRG.OQ   MYRG.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 27. 
    * The Henderson Colorado-based  company is expected to
report  a
4.9% increase in revenue to $681.15 million from $649.57 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MYR Group Inc is
for
earnings of $1.15 per share. For the same quarter last year, the
company reported earnings of $1.24 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for MYR Group
Inc is
$101​, above​ its last closing price of $90.70. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.05        1.06       1.21      Beat    14.4
 Dec. 31 2022  1.13        1.12       1.20      Beat    6.9
 Sep. 30 2021  1.24        1.19       1.35      Beat    13.4​
 Jun. 30 2021  0.98        0.99       1.24      Beat    25.8
 ​​Mar.        0.68        0.63       1.17      Beat    86.3
 31 2021                                                
 Dec. 31 2020  0.79        0.79       1.07      Beat    36.1​
 Sep. 30 2020  0.77        0.78       1.02      Beat    30.8
 Jun. 30 2020  0.45        0.47       0.80      Beat    71.1
 This summary was machine generated July 26 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated