MYR Group (NASDAQ:MYRG) will release its earnings data after the market closes on Wednesday, October 31st. Analysts expect MYR Group to post earnings of $0.53 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
MYR Group (NASDAQ:MYRG) last posted its earnings results on Wednesday, August 1st. The utilities provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.38 by $0.03. MYR Group had a return on equity of 7.81% and a net margin of 2.18%. The firm had revenue of $339.68 million for the quarter, compared to analysts’ expectations of $364.65 million. During the same period last year, the firm earned $0.07 EPS. The firm’s revenue was down 4.6% compared to the same quarter last year. On average, analysts expect MYR Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
MYRG traded up $0.31 during trading hours on Tuesday, hitting $33.13. The company’s stock had a trading volume of 101 shares, compared to its average volume of 64,034. MYR Group has a fifty-two week low of $28.93 and a fifty-two week high of $40.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market cap of $534.24 million, a P/E ratio of 40.52 and a beta of 0.48.
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 and the renewable energy industries.
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