MYR Group Inc reports results for the quarter ended in December - Earnings Summary

Myr

23/02/2023 24:28

* MYR Group Inc  MYRG.OQ  reported quarterly adjusted
earnings of
$1.46​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
$1.06 per share.
    * Revenue rose 33.7% to $863.96 million from a year ago;
analysts
expected $741.45 million. 
    * MYR Group Inc's reported EPS for the quarter was $1.46​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * MYR Group Inc shares had risen by 5.5% this quarter.
    * The company reported quarterly net income of $24.57
million.
    * Wall Street's median 12-month price target for MYR Group
Inc is
$103.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 12:28 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.06           1.46           Beat
 Sep. 30 2022      1.21           1.09           Missed
 Jun. 30 2022      1.15           1.15           Met
 Mar. 31 2022      1.06           1.21           Beat