MYR Group Inc expected to post earnings of 99 cents a share - Earnings Preview

Myr

23/07/2021 13:10

* MYR Group Inc  MYRG.OQ   MYRG.O  is expected to show a rise in
quarterly revenue when it reports results on July 28. 
* The Henderson, Colorado-based company is expected to report 
 a 10.4% increase in revenue to $566.157 million from $513.05
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 99 cents per share. For the same quarter last year,
the company reported earnings of 80 cents 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 $92​, about 0.6% below​ its last closing price of $92.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.45        0.47       0.80      Beat    71.1
 Mar.          0.52​       0.52       0.59      Beat    13.9​
 31​ 2020​                                              
 Dec. 31 2019  0.62        0.60       0.76      Beat    27.2​
 Sep. 30 2019  0.59        0.61       0.62      Beat    1.6
 Jun. 30 2019  0.57        0.57       0.43      Missed  -24
 This summary was machine generated July 23 at 12:10 GMT.  All
figures in US dollars unless otherwise stated