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

Myr

26/10/2022 22:01

* MYR Group Inc  MYRG.OQ  reported quarterly adjusted
earnings of
$1.09​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
$1.21 per share.
    * Revenue rose 31.1% to $799.85 million from a year ago;
analysts
expected $727.53 million. 
    * The mean earnings estimate of analysts had fallen by
about 10.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * MYR Group Inc shares had risen by 8.0% this quarter and
lost 17.2% so far this year.
    * Wall Street's median 12-month price target for MYR Group
Inc is
$110.00 
    * 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." 

This summary was machine generated from Refinitiv data October
26 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.21           1.09           Missed
 Jun. 30 2022      1.15           1.15           Met
 Mar. 31 2022      1.06           1.21           Beat
 Dec. 31 2021      1.12           1.20           Beat