MYR Group

MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution (T&D) and Commercial and Industrial (C&I) segments. The T&D segment offers a range of services on electric transmission and distribution networks and substation facilities. The C&I segment includes the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway, and tunnel lighting. The company was founded in 1995 and is headquartered in Thornton, CO.

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Earnings data Q4 2024

MYR Group reports record revenues and net income in Q4

MYR Group delivered strong financial performance in Q4 2022, with record revenues and net income.
Despite challenges like supply chain disruptions and inflation, the company maintains a robust backlog and liquidity position.
Strategic focus on clean energy and infrastructure projects offers promising growth opportunities for MYR Group.

MYR Group reports robust Q1 earnings amidst supply chain challenges

MYR Group's Q1 2023 performance reflected strong revenue growth but faced challenges with margin pressures and supply chain disruptions.
Despite these challenges, the company maintains a positive outlook, emphasizing customer relationships, market expansion, and operational efficiency.
Investors should monitor MYR Group's efforts to address supply chain issues and enhance margins while capitalizing on growth opportunities in clean energy projects.

MYR Group reports record revenues in Q2 2023 earnings call

MYR Group's Q2 2023 performance was strong, marked by record revenues and backlog growth. Despite challenges in gross margin and cash flow, the company's focus on client relationships, clean energy projects, and growth opportunities in EV charging stations positions it well for future success.

MYR Group reports record revenues in Q3 amidst margin challenges

MYR Group's Q3 2023 performance showcased strong revenue growth but faced margin pressures. The company's focus on electrification and clean energy aligns with market trends, while strategic investments in infrastructure and diverse market segments position MYR Group for future growth.

MYR Group reports record revenues in Q4 2023 earnings call

MYR Group delivered strong financial performance in Q4 2023, with record revenues and a focus on managing expenses in line with revenue growth.
While facing challenges in gross margin and operational efficiency, the company's strategic focus on workforce, technology, and debt management presents opportunities for future growth.
Overall, MYR Group's emphasis on organic growth, financial discipline, and operational improvements positions them well for sustained success in the coming year.

MYR Group reports steady Q1 revenue growth amidst operational challenges

MYR Group's Q1 2024 performance reflects mixed results with revenue growth in T&D but decline in C&I, impacting overall profitability.
While gross margin and C&I operating income margin improved, challenges like labor inefficiencies and cash flow decline need attention.
The company's backlog provides a strong foundation for future revenue, highlighting potential for growth with strategic operational enhancements.

MYR Group reports Q2 revenue decline, focuses on backlog strength

MYR Group faced revenue declines and margin pressures in Q2 2024, leading to a net loss of $15 million.
However, the company showed strength in backlog levels and improved operating cash flow compared to the previous year.
Challenges in operating margins highlight the need for strategic adjustments, while opportunities exist in leveraging core competencies and exploring new markets.

MYR Group reports mixed Q3 results, focuses on cash flow

MYR Group faced revenue declines in Q3 2024, with T&D segment struggling but C&I segment showing strength.
Profitability was impacted by lower gross margin and net income, although operating cash flow improved significantly.
The company's total backlog remained strong at $2.6 billion, providing a foundation for future growth opportunities.
Addressing challenges in the T&D segment and capitalizing on positive cash flows can drive MYR Group's performance.

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Should Value Investors Buy MYR Group (MYRG) Stock?

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ROLLING MEADOWS, Ill., Sept.  14, 2020  (GLOBE NEWSWIRE) -- MYR Group Inc. (MYR Group) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electrical infrastructure market in the United States and western Canada, announced it has executed a contract with LS Power Grid New York Corporation I, an affiliate of LS Power, to provide procurement and construction services for the Marcy to New Scotland Upgrade Project in the State of New York. The project consists of nearly 100 miles of 345-kilovolt (kV) transmission construction within existing utility corridors. The contract is valued at more than $250 million.

MYR Group Inc. Awarded Construction Contract with LS Power Grid New York for the Marcy to New Scotland Project

Let's see if MYR Group Inc. (MYRG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is MYR Group (MYRG) Stock a Suitable Pick for Value Investors?

MYR Group Inc. (MYRG) CEO Rick Swartz on Q2 2020 Results - Earnings Call Transcript

MYR (MYRG) delivered earnings and revenue surprises of 73.91% and 1.99%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

MYR Group (MYRG) Surpasses Q2 Earnings and Revenue Estimates

ROLLING MEADOWS, Ill., July  29, 2020  (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 western Canada, today announced its second-quarter and first-half 2020 financial results.

MYR Group Inc. Announces Second-Quarter and First-Half 2020 Results

ROLLING MEADOWS, Ill., July  22, 2020  (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 western Canada, announced it will release its second-quarter and first-half 2020 results on Wednesday, July 29, 2020, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, July 30, 2020, at 9:00 a.m. Central time. 

MYR Group Inc. Announces Second-Quarter and First-Half 2020 Earnings Release and Conference Call Schedule

MYR (MYRG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MYR Group (MYRG) Earnings Expected to Grow: Should You Buy?

MYR (MYRG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will MYR (MYRG) Beat Estimates Again in Its Next Earnings Report?

MYR Group (MYRG) closed at $29.47 in the latest trading session, marking a -0.57% move from the prior day.

MYR Group (MYRG) Stock Moves -0.57%: What You Should Know

In the latest trading session, MYR Group (MYRG) closed at $29.36, marking a -0.03% move from the previous day.

MYR Group (MYRG) Stock Sinks As Market Gains: What You Should Know

MYR Group (MYRG) closed the most recent trading day at $28.28, moving +1.36% from the previous trading session.

MYR Group (MYRG) Outpaces Stock Market Gains: What You Should Know

MYR Group Inc. (MYRG) CEO Rick Swartz on Q1 2020 Results - Earnings Call Transcript

MYR (MYRG) delivered earnings and revenue surprises of 13.46% and -4.98%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

MYR Group (MYRG) Q1 Earnings Top Estimates

MYR Group's (MYRG) Q1 earnings are likely to have benefited from strong contribution from both the segments, namely T&D and C&I. However, employee-related expenses may have been concerns.

Factors Likely to Influence MYR Group's (MYRG) Q1 Earnings

Bull of the Day: MYR Group (MYRG)

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Is MYR Group (MYRG) a Great Value Stock Right Now?

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MYR Group Inc. (MYRG) CEO Richard Swartz on Q4 2019 Results - Earnings Call Transcript

News for MYR Group Stock (MYRG)