MYR Group Inc expected to post earnings of $1.18 a share - Earnings Preview

Myr

22/10/2021 13:03

* MYR Group Inc  MYRG.OQ   MYRG.O  is expected to show a rise in
quarterly revenue when it reports results on October 27. 
* The Henderson, Colorado-based company is expected to report  a
5.4% increase in revenue to $640.907 million from $607.9 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 $1.18 per share. For the same quarter last year, the
company reported earnings of $1.02 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 fallen by
about 0.2% in the last three months. ​
* Wall Street's median 12-month price target for MYR Group Inc
is $108.5​, about 1.9% above​ its last closing price
of $106.44. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.98        0.99       1.24      Beat    25.8
 Mar. 31 2021  0.68        0.63       1.17      Beat    86.3
 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.          0.45​       0.47       0.80      Beat    71.1​
 30​ 2020​                                              
 Mar. 31 2020  0.52        0.52       0.59      Beat    13.9​
 Dec. 31 2019  0.62        0.60       0.76      Beat    27.2
 Sep. 30 2019  0.59        0.61       0.62      Beat    1.6
 This summary was machine generated October 22 at 12:03 GMT.  All
figures in US dollars unless otherwise stated