NASDAQ$MYRG
MYR Group Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
MYR Group reported strong results in Q1 2021, with record high quarterly net income, EBITDA, and EPS, driven by increased revenues and improved margins.
MYR Group Inc. announced strong first-quarter 2021 financial results, featuring record high quarterly net income of $19.9 million, or $1.17 per diluted share, and a 14.3% increase in revenues to $592.5 million. The company's backlog remained strong at $1.64 billion.
- Strong quarterly revenues of $592.5 million.
- Record high quarterly net income of $19.9 million, or $1.17 per diluted share.
- Record high quarterly EBITDA of $39.3 million.
- Strong backlog of $1.64 billion.
Headline financials
Revenue & EPS history
MYR Group · Revenue · Quarterly
$592M
Revenue by segment
MYR Group · $864M total across 2 segments · Q4 2022
- Transmission & Distribution$514M—59.5%
- Commercial & Industrial$350M—40.5%
Forward guidance
MYR Group anticipates continued opportunities driven by economic conditions, the shift toward clean energy, and infrastructure needs.
Tailwinds
- Current economic conditions will continue to drive near term opportunities.
- The shift toward clean energy will continue to drive near term opportunities.
- The need to replace aging infrastructure to strengthen the grid will continue to drive near term opportunities.
- A healthy market will continue to drive near term opportunities.
- Current political climate which supports the investment and implementation of new and upgraded electrical infrastructure to complement the United States environmental and economic goals may benefit the market.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.0%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+5.7%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+20.3%
Q1 2025
Best reaction
-21.6%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | +37.9% | +40.6% | |
| Q4 2025 | -0.8% | -1.6% | -0.2% | |
| Q3 2025 | -5.4% | +2.1% | -0.5% | |
| Q1 2025 | +20.3% | +25.0% | +28.2% | |
| Q4 2024 | -4.7% | -4.1% | -7.6% | |
| Q3 2024 | +12.5% | +14.4% | +35.6% | |
| Q2 2024 | -21.6% | -30.9% | -27.5% | |
| Q1 2024 | -8.6% | -8.3% | -6.7% | |
| Q4 2023 | -2.9% | +0.7% | +5.7% | |
| Q3 2023 | -4.2% | -7.8% | +4.2% | |
| Q2 2023 | -3.8% | -4.9% | -6.0% | |
| Q1 2023 | +5.6% | +6.1% | +9.2% | |
| Q4 2022 | +15.4% | +22.0% | +23.4% | |
| Q3 2022 | -12.3% | -4.4% | +6.5% | |
| Q2 2022 | +4.7% | +5.3% | +4.5% | |
| Q1 2022 | -5.6% | -11.4% | +6.5% | |
| Q4 2021 | +3.5% | +2.4% | +13.8% | |
| Q3 2021 | -5.6% | -4.4% | +5.7% | |
| Q2 2021 | +4.3% | +0.5% | +13.2% | |
| Q1 2021 | +9.8% | +13.5% | +21.4% | |
| Q4 2020 | -5.7% | +2.7% | +19.2% | |
| Q3 2020 | -0.8% | +0.1% | +19.1% | |
| Q2 2020 | +18.0% | +15.9% | +17.0% | |
| Q1 2020 | +8.1% | -1.4% | +3.8% | |
| Q4 2019 | +18.7% | -0.5% | -13.3% | |
| Q3 2019 | +4.7% | +0.7% | +4.6% | |
| Q2 2019 | -15.7% | -21.3% | -23.9% | |
| Q1 2019 | -0.2% | -3.1% | -10.7% | |
| Q4 2018 | +7.1% | +14.6% | +11.5% | |
| Q3 2018 | -0.8% | +0.4% | -8.0% | |
| Q2 2018 | +6.7% | -2.0% | -5.7% | |
| Q1 2018 | +17.1% | +22.4% | +29.5% | |
| Q4 2017 | +11.4% | +9.3% | -7.9% | |
| Q3 2017 | -5.4% | +4.9% | +10.3% | |
| Q2 2017 | -18.6% | -17.2% | -19.7% | |
| Q1 2017 | -20.3% | -18.7% | -29.5% | |
| Q4 2016 | +11.3% | +7.3% | +8.2% | |
| Q3 2016 | +6.0% | +8.2% | +29.4% | |
| Q2 2016 | +5.9% | +11.4% | +19.2% | |
| Q1 2016 | -9.1% | — | — | |
| Q4 2015 | +5.7% | — | — | |
| Q3 2015 | -11.5% | — | — | |
| Q2 2015 | -1.8% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | +11.9% | — | — | |
| Q3 2014 | +3.3% | — | — | |
| Q2 2014 | -3.7% | — | — | |
| Q1 2014 | -2.3% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | -8.3% | — | — | |
| Q2 2013 | +4.3% | — | — | |
| Q1 2013 | -10.8% | — | — | |
| Q4 2012 | -1.9% | — | — | |
| Q3 2012 | -9.3% | — | — | |
| Q2 2012 | +5.1% | — | — | |
| Q1 2011 | -13.0% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2009 | -1.7% | — | — | |
| Q4 2011 | -1.7% | — | — | |
| Q3 2010 | -2.2% | — | — | |
| Q3 2011 | -2.2% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q4 2010 | -3.9% | — | — | |
| Q2 2010 | -3.9% | — | — | |
| Q1 2010 | +8.4% | — | — |
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