MYR Group Q2 EPS $1.33 Beats $1.28 Estimate, Sales $888.60M Beat $781.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
MYR Group reported Q2 earnings of $1.33 per share, beating the analyst consensus estimate of $1.28 by 3.91%. This is a 15.65% increase from the same period last year. The company also reported quarterly sales of $888.60 million, beating the analyst consensus estimate of $781.78 million by 13.66%. This is a 25.49% increase from the same period last year.
July 26, 2023 | 8:43 pm
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POSITIVE IMPACT
MYR Group's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
MYR Group's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for the company's financial performance and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100