Investing.com - MYR Group reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
MYR Group announced earnings per share of $1.11 on revenue of $799.80. Analysts polled by Investing.com EPS of $1.22 on revenue of $727.53M.
MYR Group 's are down 39% and is trading at $86.97 , still down 28.25% from its 52 week high of $121.22 set on Wednesday, November 24, 2021.
MYR Group follows other major Industrials sector earnings this month
MYR Group's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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