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Stock impact report

MYR Group's (NASDAQ:MYRG) Problems Go Beyond Weak Profit [Yahoo! Finance]

MYR Group, Inc. (MYRG) 
Last myr group, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.myrgroup.com/investor-relations
Company Research Source: Yahoo! Finance
Our analysis suggests that along with soft profit numbers, investors should be aware of some other underlying weaknesses in the numbers. View our latest analysis for MYR Group NasdaqGS:MYRG Earnings and Revenue History March 5th 2025 How Do Unusual Items Influence Profit? For anyone who wants to understand MYR Group's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from US$6.9m worth of unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. Which is hardly surprising, given the name. If MYR Group doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profita Show less Read more
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