MYR Group (MYRG) Tops Q1 EPS by 4c

MYR Group (NASDAQ: MYRG) reported Q1 EPS of $0.34, $0.04 better than the analyst estimate of $0.30. Revenue for the quarter came in at $244.1 million versus the consensus estimate of $221.5 million.

As of March 31, 2015, MYR's backlog was $398.4 million, consisting of $275.6 million in the T&D segment and $122.8 million in the C&I segment. Total backlog at March 31, 2015, was $35.2 million lower than the $433.6 million reported at December 31, 2014. T&D backlog at March 31, 2015, decreased $44.8 million, or 14.0 percent, from December 31, 2014, while C&I backlog increased $9.6 million, or 8.4 percent, over the same period. Total backlog at March 31, 2015, increased $12.8 million, or 3.3 percent, from the $385.6 million reported at March 31, 2014.

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

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
• Pembina joins proposed 1M bbl/day Alberta-to-coast pipeline plan