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Stock impact report

MYR Group Inc. (NASDAQ:MYRG) Just Reported And Analysts Have Been Cutting Their Estimates [Yahoo! Finance]

MYR Group, Inc. (MYRG) 
Last myr group, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.myrgroup.com/investor-relations
Company Research Source: Yahoo! Finance
MYR Group missed analyst forecasts, with revenues of US$816m and statutory earnings per share (EPS) of US$1.12, falling short by 4.5% and 2.4% respectively. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. Check out our latest analysis for MYR Group Taking into account the latest results, MYR Group's five analysts currently expect revenues in 2024 to be US$3.71b, approximately in line with the last 12 months. Statutory earnings per share are predicted to climb 11% to US$5.74. Before this earnings report, the analysts had been forecasting revenues of US$3.91b and earnings per share (EPS) of US$6.41 in 2024. From this we can that sentiment has definitely become more bearish after the latest results, leading to lo Show less Read more
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