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Stock impact report

MYR Group Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [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
Profit margin: 1.2% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.65 (down from US$1.29 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 55%. Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Construction industry in the US. Performance of the American Construction industry. The company's shares are up 15% from a week ago. You should always think about risks. Case in point, we've spotted 1 warning sign for MYR Group you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst foreca Show less Read more
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