MYR Group Inc (MYRG, Financial) is set to release its Q4 2024 earnings on Feb 27, 2025. The consensus estimate for Q4 2024 revenue is $886.58 million, and the earnings are expected to come in at $0.63 per share. The full year 2024's revenue is expected to be $3.42 billion and the earnings are expected to be $1.48 per share. More detailed estimate data can be found on the Forecast page.
MYR Group Inc (MYRG, Financial) Estimates Trends
Over the past 90 days, revenue estimates for MYR Group Inc (MYRG) have remained flat at $3.42 billion for the full year 2024 and $3.52 billion for 2025. Similarly, earnings estimates have remained flat at $1.48 per share for 2024 and $6.01 per share for 2025.
MYR Group Inc (MYRG, Financial) Reported History
In the previous quarter of 2024-09-30, MYR Group Inc's (MYRG) actual revenue was $888.04 million, which missed analysts' revenue expectations of $917.18 million by -3.18%. MYR Group Inc's (MYRG) actual earnings were $0.65 per share, which beat analysts' earnings expectations of $0.35 per share by 84.14%. After releasing the results, MYR Group Inc (MYRG) was up by 13.59% in one day.
MYR Group Inc (MYRG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for MYR Group Inc (MYRG) is $187.67, with a high estimate of $201 and a low estimate of $172. The average target implies an upside of 54.73% from the current price of $121.29.
Based on GuruFocus estimates, the estimated GF Value for MYR Group Inc (MYRG, Financial) in one year is $141.32, suggesting an upside of 16.51% from the current price of $121.29.
Based on the consensus recommendation from 5 brokerage firms, MYR Group Inc's (MYRG, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
