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• MYR Group Inc MYRG.OQ reported a quarterly adjusted loss of 91 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of $1.33. The mean expectation of six analysts for the quarter was for earnings of $1.13 per share. Wall Street expected results to range from $1.05 to $1.30 per share.

• Revenue fell 6.7% to $828.89 million from a year ago; analysts expected $876.07 million.

• MYR Group Inc's reported EPS for the quarter was a loss of 91 cents​.

• The company reported a quarterly loss of $15.28 million.

• MYR Group Inc shares had fallen by 19.7% this quarter and lost 24.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.3% in the last three months.​

• In the last 30 days, two analysts revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for MYR Group Inc is $168.50

This summary was machine generated from LSEG data August 2 at 08:56 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)