Upgrade to SI Premium - Free Trial

MYR Group, Inc. (MYRG) Misses Q1 EPS by 3c

May 7, 2014 5:01 PM

MYR Group, Inc. (NASDAQ: MYRG) reported Q1 EPS of $0.29, $0.03 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $215.6 million versus the consensus estimate of $207.49 million.

As of March 31, 2014, MYR's backlog was $385.6 million, consisting of $248.5 million in the T&D segment and $137.1 million in the C&I segment. Total backlog at March 31, 2014 was $59.5 million higher compared to the $326.1 million reported at December 31, 2013. T&D backlog at March 31, 2014 increased $59.2 million, or 31.3 percent from December 31, 2013, while C&I backlog increased $0.3 million, or 0.2 percent, over the same period. Total backlog at March 31, 2014 decreased $81.5 million, or 17.4 percent, from the $467.1 million reported at March 31, 2013.

For earnings history and earnings-related data on MYR Group, Inc. (MYRG) click here.

Categories

Earnings