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Stock impact report

MYR Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [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
Revenues of US$888m fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of US$0.65 an impressive 55% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for MYR Group After the latest results, the four analysts covering MYR Group are now predicting revenues of US$3.61b in 2025. If met, this would reflect a reasonable 2.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 160% to US$6.18. Before this earnings report, the analysts had been forecasting revenues of US$3.66b and earnings per share (EPS) of US$5.70 in 2025. The analysts seems to have become more bullish o Show less Read more
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