MYR Group Inc. Announces First-Quarter 2020 Results

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MYR Group (MYRG) Tops Q1 EPS by 7c, Revenues Miss

April 29, 2020 4:51 PM EDT

MYR Group (NASDAQ: MYRG) reported Q1 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $518.5 million versus the consensus estimate of $546.63 million.

Highlights

First quarter revenues of $518.5 millionFirst-quarter net income attributable to MYR of $9.9 million, or $0.59 per diluted shareFirst-quarter EBITDA of $27.4 millionRecord backlog of $1.54 billion

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