MYR Group Inc expected to post earnings of $1.28 a share - Earnings Preview

Myr

25/07/2023 03:08

* MYR Group Inc  MYRG.OQ   MYRG.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 26. 
    * The Thornton Colorado-based  company is expected to report
 a
10.4% increase in revenue to $781.781 million from $708.11
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MYR Group Inc is
for
earnings of $1.28 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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
$155​, above​ its last closing price of $149.37. ​​​

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 2023  1.01        1.01       1.38      Beat    36.3
 Dec. 31 2023  1.08        1.06       1.46      Beat    38.4
 Sep. 30 2022  1.22        1.21       1.09      Missed  -9.7​
 Jun. 30 2022  1.18        1.15       1.15      Met     0.3
 ​​Mar.        1.05        1.06       1.21      Beat    14.4
 31 2022                                                
 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. 30 2021  0.98        0.99       1.24      Beat    25.8
 This summary was machine generated July 25 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated