In This Article:
MYR Group (NASDAQ:MYRG) First Quarter 2025 Results
Key Financial Results
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Revenue: US$833.6m (up 2.2% from 1Q 2024).
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Net income: US$23.3m (up 23% from 1Q 2024).
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Profit margin: 2.8% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue.
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EPS: US$1.46 (up from US$1.13 in 1Q 2024).
We've discovered 1 warning sign about MYR Group. View them for free.
All figures shown in the chart above are for the trailing 12 month (TTM) period
MYR Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Construction industry in the US.
Performance of the American Construction industry.
The company's shares are up 22% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for MYR Group that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.