MYR Group (MYRG) Reports Q2 Loss, Lags Revenue Estimates

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 ...