-+ 0.00%
-+ 0.00%
-+ 0.00%

Uncovering Potential: MYR Group's Earnings Preview

Benzinga·04/29/2025 17:03:14
Listen to the news

MYR Group (NASDAQ:MYRG) is set to give its latest quarterly earnings report on Wednesday, 2025-04-30. Here's what investors need to know before the announcement.

Analysts estimate that MYR Group will report an earnings per share (EPS) of $1.17.

MYR Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

During the last quarter, the company reported an EPS beat by $0.31, leading to a 4.67% drop in the share price on the subsequent day.

Here's a look at MYR Group's past performance and the resulting price change:

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 0.68 0.35 1.13 1.16
EPS Actual 0.99 0.65 -0.91 1.12
Price Change % -5.0% 14.000000000000002% -22.0% -8.0%

eps graph

Performance of MYR Group Shares

Shares of MYR Group were trading at $122.95 as of April 28. Over the last 52-week period, shares are down 25.22%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for MYR Group visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.