MYR Group (NASDAQ:MYRG – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect MYR Group to post earnings of $1.02 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
MYR Group (NASDAQ:MYRG – Get Free Report) last released its earnings results on Wednesday, February 28th. The utilities provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.02. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $904.76 million. MYR Group had a net margin of 2.50% and a return on equity of 14.80%. The company’s revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.46 EPS. On average, analysts expect MYR Group to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
MYR Group Price Performance
MYRG opened at $164.38 on Wednesday. The company has a 50-day moving average of $164.69 and a 200-day moving average of $145.11. The company has a market capitalization of $2.75 billion, a P/E ratio of 30.33 and a beta of 1.08. MYR Group has a 1-year low of $110.87 and a 1-year high of $181.02. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.37 and a current ratio of 1.37.
Analyst Ratings Changes
View Our Latest Stock Report on MYRG
MYR Group Company Profile
MYR Group Inc, through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages.
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