MYR Group currently trades at $124.23 and has been a dream stock for shareholders. It’s returned 506% since March 2020, more than tripling the S&P 500’s 152% gain. The company has also beaten the index over the past six months as its stock price is up 24.4% thanks to its solid quarterly results.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including MYR Group (NASDAQ:MYRG) and its peers.
Electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 17.4% year on year to $829.8 million. Its GAAP profit of $0.99 per share was 59% above analysts’ consensus estimates.
Electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) will be reporting results tomorrow after market close. Here’s what investors should know.
MYR Group currently trades at $147.72 per share and has shown little upside over the past six months, posting a middling return of 1.3%. The stock also fell short of the S&P 500’s 7.7% gain during that period.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Granite Construction (NYSE:GVA) and the best and worst performers in the construction and maintenance services industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and maintenance services industry, including APi (NYSE:APG) and its peers.
Let’s dig into the relative performance of Tutor Perini (NYSE:TPC) and its peers as we unravel the now-completed Q3 construction and maintenance services earnings season.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the construction and maintenance services stocks, including MYR Group (NASDAQ:MYRG) and its peers.
Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQ:GLDD)
will be reporting earnings tomorrow morning. Here’s what investors should know.
Electrical construction and infrastructure services provider MYR Group (NASDAQ:MYRG) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 5.5% year on year to $888 million. Its GAAP profit of $0.65 per share was 54.8% above analysts’ consensus estimates.
