earnings
confidence high
sentiment negative
materiality 0.80
MYR Group Q4 net income falls 33% to $16M; revenue down 17.4% YoY
MYR GROUP INC.
2024-FY EPS reported
$1.83
revenue$3,362,290,000
- Q4 EPS $0.99 diluted vs $1.43 YoY; net income $16.0M.
- Q4 revenue $829.8M, down 17.4%; T&D segment revenue fell 23.9% to $450M.
- Full-year EPS $1.83 diluted vs $5.40 YoY; revenue $3.36B, down 7.7%.
- Backlog $2.58B at Dec 31, 2024, up 2.5% YoY ($2.51B).
- Board authorized new $75M share repurchase program, expiring Sept 5, 2025.