Recap: MYR Group Q4 Earnings
Portfolio Pulse from Benzinga Insights
MYR Group (NASDAQ:MYRG) reported Q4 earnings with an EPS of $1.43, missing estimates by -5.0% against an expected $1.5. Revenue increased by $140.04 million from the same period last year. The company's share price dropped 4.0% the day after missing EPS estimates last quarter. Historical earnings data shows fluctuating performance over the past year.
February 28, 2024 | 9:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MYR Group reported Q4 earnings with an EPS miss and a significant revenue increase from the previous year. Historical data shows a share price drop following past earnings misses.
The short-term impact on MYR Group's stock price is likely negative due to the earnings miss, as historical data indicates a tendency for the share price to drop following earnings misses. The significant revenue increase may mitigate some negative sentiment, but the immediate past performance suggests a cautious outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100