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 ...

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 ...

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 (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 ...

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 ...

Arctic-Images Synopsis MYR Group (NASDAQ:MYRG) is a leading specialty contractor in the US and Canada that operates in the commercial, industrial, and electric utility infrastructure sectors. Over the last three years, MYRG's contract revenue has shown consistent growth. However, its margins over the same period have been contracting, but I do note that they were modest. Currently, there is a shift in the energy generation mix in the US and Canada, and this shift is anticipated to bolster MYRG's outlook. Ad ...

Kelly M. Huntington, Chief Financial Officer, MYR Group Inc., (847) 290-1891, investorinfo@myrgroup.com THORNTON, Colo., May 15, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") David Gutierrez, Dresner Corporate Services, (312) 780-7204, dgutierrez@dresnerco.com (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 participate in the 2024 Sidoti Sma ...

THORNTON, Colo., May 13, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") 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 installations of any type and size. Through their T&D segment they provide services on electric transmission, distribu ...

THORNTON, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group" or the "Company") (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 a new share repurchase program ("Repurchase Program"). The Repurchase Program authorizes the Company to repurchase, in the aggregate, up to $75.0 million of its outstanding shares of common stock from time to ...

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 March 31, 2024 OR Commission file number: 1-08325 _____________________________________________________________ ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to MYR GROUP INC. (Exact name of registrant as specified ...