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Is the Options Market Predicting a Spike in MYR Group (MYRG) Stock?
ZACKS· 2024-09-06 13:46
Investors in MYR Group Inc. (MYRG) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $125 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also m ...
MYR(MYRG) - 2024 Q2 - Earnings Call Transcript
2024-08-04 00:47
MYR Group Inc. (NASDAQ:MYRG) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President and Chief Executive Officer Kelly Huntington - Senior Vice President and Chief Financial Officer Brian Stern - Senior Vice President and Chief Operating Officer, Transmission and Distribution Segment Don Egan - Senior Vice President and Chief Operating Officer, Commercial and Industrial Segment Conference Call Participants Sangita ...
MYR Group (MYRG) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-07-31 23:05
MYR Group (MYRG) came out with a quarterly loss of $0.91 per share versus the Zacks Consensus Estimate of $1.07. This compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -185.05%. A quarter ago, it was expected that this electrical construction services provider would post earnings of $1.02 per share when it actually produced earnings of $1.12, delivering a surprise of 9.80%. Over the last four quart ...
MYR(MYRG) - 2024 Q2 - Quarterly Report
2024-07-31 20:26
Table of Contents _____________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-08325 MYR GROUP INC. (Exact name of registrant as specified i ...
MYR Group Inc. Announces Second-Quarter and First-Half 2024 Results
Newsfilter· 2024-07-31 20:23
THORNTON, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR") (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its secondquarter and first-half 2024 financial results. Highlights for Second Quarter 2024 Quarterly revenues of $828.9 million Quarterly net loss of $15.3 million, or ($0.91) per diluted share Quarterly EBITDA of ($4.7) million ...
MYR Group Inc. Announces Second-Quarter and First-Half 2024 Results
GlobeNewswire News Room· 2024-07-31 20:23
THORNTON, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR") (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its secondquarter and first-half 2024 financial results. Highlights for Second Quarter 2024 Quarterly revenues of $828.9 million Quarterly net loss of $15.3 million, or ($0.91) per diluted share Quarterly EBITDA of ($4.7) million ...
MYR(MYRG) - 2024 Q2 - Quarterly Results
2024-07-31 20:16
Exhibit 99.1 MYR Group Inc. Announces Second-Quarter and First-Half 2024 Results Thornton, Colo., July 31, 2024 – MYR Group Inc. ("MYR") (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its second-quarter and first-half 2024 financial results. Highlights for Second Quarter 2024 • Quarterly revenues of $828.9 million • Quarterly net loss of $15.3 milli ...
MYR Group (MYRG) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-07-24 15:07
MYR Group (MYRG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business cond ...
MYR Group Inc. Announces Second-Quarter 2024 Earnings Release and Conference Call Schedule
Newsfilter· 2024-07-17 20:05
Participants may access the audio-only webcast of the conference call from the Investors page of MYR Group's website at myrgroup.com. A replay of the webcast will be available for seven days. MYR Group is a holding company of leading, specialty electrical contractors providing services throughout the United States and Canada through two business segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I). MYR Group subsidiaries have the experience and expertise to complete electrical insta ...
MYR Group Inc. Announces Second-Quarter 2024 Earnings Release and Conference Call Schedule
GlobeNewswire News Room· 2024-07-17 20:05
THORNTON, Colo., July 17, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its second-quarter 2024 results on Wednesday, July 31, 2024, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursd ...