MYR Group Inc expected to post earnings of $1.21 a share - Earnings Preview

Myr

25/10/2022 24:54

* MYR Group Inc  MYRG.OQ   MYRG.O  is expected to show a
rise in
quarterly revenue when it reports  results on October 26. 
    * The Henderson Colorado-based  company is expected to
report  a
19.2% increase in revenue to $727.526 million from $610.18
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 $1.21 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MYR Group
Inc is
$110​, above​ its last closing price of $89.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.18        1.15       1.15      Met     0.3
 Mar. 31 2022  1.05        1.06       1.21      Beat    14.4
 Dec. 31 2021  1.13        1.12       1.20      Beat    6.9​
 Sep. 30 2021  1.24        1.19       1.35      Beat    13.4
 ​​Jun.        0.98        0.99       1.24      Beat    25.8
 30 2021                                                
 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
 This summary was machine generated October 24 at 23:54 GMT.  All
figures in US dollars  unless otherwise stated