View all financials. This compares to earnings of $0.62 per share a year ago. Myers Co., Harlan Electric, Hawkeye Construction, Sturgeon Electric, MYR Transmission Services, and Great Southwestern Construction. The current consensus EPS estimate is $0.76 on $558.39 million in revenues for the coming quarter and $2.95 on $2.15 billion in revenues for the current fiscal year. MYR Group (MYRG) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.60 per share. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. For 32 years, our Strong Buy list has averaged returns more than twice the market. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Operating Expenses. These figures are adjusted for non-recurring items. MYR Group had a return on equity of 13.89% and a net margin of 2.41%. A recent pick, Maxar, skyrocketed +178.7% in 3 months. FY, 2017 FY, 2016 FY, 2015 FY, 2014; Transmission and Distribution: $879.37 m: $818.97 m: $794.9 m: $699.6 m: Commercial and Industrial: $523.95 m: $323.52 m: $266.78 m: $244.37 m : Report incorrect company information. Myers) line workers donned their life vests and successfully completed the Nansemond River crossing project in Suffolk, Virginia. MYR Group Annual Revenue and Growth Rate. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. MYR, which belongs to the Zacks Electric Construction industry, posted revenues of $607.90 million for the quarter ended September 2020, surpassing the … ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. MYR Group (MYRG) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.80 per share. Figures for fiscal quarter ending 2020-09-30 Income Statement Financials: Revenue. Non-Operating Income/Expense $ … MYR reported third-quarter 2020 revenues of $607.9 million, an increase of $24.7 million, or 4.2 percent, compared to the third quarter of 2019. This article will consider whether MYR Group's (NASDAQ:MYRG) statutory profits are a good guide to its underlying earnings. The company has topped consensus revenue estimates three times over the last four quarters. A number of equities research analysts recently issued reports on the company. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. MYR shares have added about 34.2% since the beginning of the year versus the S&P 500's gain of 5%. $531.43M. MYR, which belongs to the Zacks Electric Construction industry, posted revenues of $513.05 million for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 1.99%. Zacks Ranks stocks can, and often do, change throughout the month. The group operates nationwide through subsidiaries, including The L.E. Real time prices by BATS. Zacks Equity Research This quarterly report represents an earnings surprise of 27.50%. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. $76.47M. We use cookies to understand how you use our site and to improve your experience. To learn more, click here. Visit www.zacksdata.com to get our data and content for your mobile app or website. This quarterly report represents an earnings surprise of 27.50% See its 7 best stocks FREE. Over the last four quarters, the company has surpassed consensus EPS estimates four times. MYR Group subsidiary, The L.E. View the latest MYRG financial statements, income statements and financial ratios. Try D&B Hoovers Free Check out our latest analysis for MYR Group . Visit performance for information about the performance numbers displayed above. The company is dedicated to the development of bulevirtide; bulevirtide is a … Copyright 2020 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Gross Profit. $607.90M. NYSE and AMEX data is at least 20 minutes delayed. The firm had revenue of $607.90 million during the quarter, compared to the consensus estimate of $560.59 million. ZacksTrade and Zacks.com are separate companies. Operating Income. Net Income. MYR Revenues vs Operating Income Analysis. Quarterly Annual. This compares to earnings of … The monthly returns are then compounded to arrive at the annual return. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. MYR's transmission and distribution segment accounts for about three-fourths of the group's revenues. These returns cover a period from January 1, 1988 through October 5, 2020. Do the numbers hold clues to what lies ahead for the stock? MYR (MYRG) delivered earnings and revenue surprises of -28.33% and -1.89%, respectively, for the quarter ended June 2019. U.S. Industry Overview & Market Statistics: BD OF TTEES OF ELECTRICAL CONTRACTORS ASSN & LOCAL 134 IBEW JT PEN TST, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, CARY RECONSTRUCTION LLC DBA RESPONSE TEAM, Revenue from previous years (2010 to present), Funding from Venture Capital and Private Equity firms, Additional industries in which the company operates, What is the company's size? the complete list of today's Zacks #1 Rank (Strong Buy) stocks here, 7 Consumer Discretionary Picks on Covid Vaccine Approval, PFP 12/14: Russell 2000 Closes Higher for 6th Week in a Row, 3 Keys to Cheap Stocks with Big Upside Potential, 3 Large-Cap Dividend Stocks to Buy and Hold Before 2021. It's good to see that over the last twelve months MYR Group made a profit of US$53.4m on revenue of US$2.21b. MYR Group Inc. annual stock financials by MarketWatch. $582.97M . Gilead Sciences to Acquire MYR GmbH - Gilead to Acquire Hepcludex™, a First-in-Class Entry Inhibitor, for Treatment of Chronic Hepatitis Delta Virus (HDV), Adding Immediate Revenue … MYR Group Revenue Est. Get by Email • RSS. Stock MYR Group Inc While MYR has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This includes personalizing content and advertising. At MYR Group we fully dedicate our work to bring benefit to Hepatitis D patients targeting a disease with high unmet medical need. In terms of the Zacks Industry Rank, Electric Construction is currently in the top 4% of the 250 plus Zacks industries. See insights on MYR Group including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. MYR Group revenue breakdown by business segment: 62.7% from Transmission and Distribution and 37.3% from Commercial and Industrial. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. So, the shares are expected to outperform the market in the near future. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Myers Co. (L.E. Cost of Goods Sold. MYR Pharmaceuticals launches HEPCLUDEX® in Germany, France and Austria . Fourth quarter revenues of $571.1 million Fourth quarter net income attributable to MYR Group Inc. of $12.8 million, or $0.76 per diluted share MYR reported second-quarter 2020 revenues of $513.1 million, an increase of $64.3 million, or 14.3 percent, compared to the second quarter of 2019. Do the numbers hold clues to what lies ahead for the stock? A quarter ago, it was expected that this electrical construction services provider would post earnings of $0.46 per share when it actually produced earnings of $0.80, delivering a surprise of 73.91%. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. MYRG has a Revenue of $2,186 Mil as of today(2020-09-30). This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Revenue of … Privacy Policy | No cost, no obligation to buy anything ever. Axiata Group posted revenue of MYR 6.1 billion for the third quarter ended 30 Sepetmber 2020, which represents an increase of 5.5 percent quarter-on-quarter. MYR Group Revenue News Monitoring. MYR (MYRG) delivered earnings and revenue surprises of 12.82% and 18.00%, respectively, for the quarter ended March 2019. Stocks USA. MYR Group (MYRG Quick QuoteMYRG - Free Report) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.80 per share. $24.93M. Rick Swartz, MYR’s President and CEO, said, “Our strong third-quarter 2020 financial results, included a net income attributable to MYR Group Inc. of $17.3 million, a 67.0 percent increase over the third quarter of 2019, along with increases in revenues, gross profit, EBITDA and free cash flow as compared to the same period of 2019. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: MYR Group's revenues are gauged from an analysis of company filings. MYR Group has 7,100 employees across 43 locations and $2.07 B in annual revenue in FY 2019. In depth view into MYR Group Revenue explanation, calculation, historical data and more MYR, which belongs to the Zacks Electric Construction industry, posted revenues of $607.90 million for the quarter ended September 2020, surpassing the … Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. MYR, which belongs to the Zacks Electric Construction industry, posted revenues of $607.90 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 8.44%. October 28, 2020. If you wish to go to ZacksTrade, click OK. This compares to year-ago revenues of $583.21 million. The Investor Relations website contains information about MYR Group Inc.'s business for stockholders, potential investors, and financial analysts. Learn what Wall Street already knows in our Zacks Rank Guide. MYR Weighted Average Shares vs Revenues relationship and correlation analysis over time. (Annual sales and employees). This compares to earnings of $0.62 per share a year ago. MYR Group Inc. (MYRG) CEO Rick Swartz on Q2 2020 Results - Earnings Call Transcript. MYR GROUP INC. : Forcasts, revenue, earnings, analysts expectations, ratios for MYR GROUP INC. Stock | MYRG | NASDAQ data is at least 15 minutes delayed. These figures are adjusted for non-recurring items. MYR Group's annual revenues are $10-$50 million, 23821 Electrical Wiring Installation Contractors, 23713 Power & Communication Line Construction. Ahead of this earnings release, the estimate revisions trend for MYR was favorable. $17.29M. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.41% per year. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Recession Risk Determine whether MYR Group grew or shrank during the last recession. MYR Group, Inc. (MYRG) had Revenue of $607.90M for the most recently reported fiscal quarter, ending 2020-09-30. Delayed quotes by Sungard. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. MYR GmbH is a private, commercial stage biotechnology company headquartered in Bad Homburg, Germany. This is useful … Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Published on Aug 2, 2020. If you do not, click Cancel. In depth view into MYR Group EV to Revenues including historical data from 2002, charts, stats and industry comps. In the chart below, you can see that its profit and revenue have both grown over the last three years. News. MYR, which belongs to the Zacks Electric Construction industry, posted revenues of $607.90 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 8.44%. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. 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