MYR Group Reports Q3 Earnings Beat with $1.25 Billion in Revenue
MYR Group (MYRG) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted GAAP earnings per share (EPS) of $3.82, surpassing estimates by $0.88, while total revenue reached $1.25 billion. The revenue figure represents a significant 31.5% increase compared to the same period last year, beating consensus estimates by approximately $100 million. This growth highlights strong operational momentum and a favorable shift in revenue types that is contributing to improved margins.
Tickers: $MYRG
Topics: earnings beat GAAP EPS revenue growth