NASDAQ$MYRG
MYR Group Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a strong second quarter with revenue increase and backlog at a record high.
MYR Group reported a strong second quarter of 2020 with a 14.3% increase in revenue, reaching $513.1 million. The company also saw increases in gross profit, earnings per share, net income, EBITDA, and free cash flow. Backlog reached a record high of $1.55 billion.
- Revenue increased by 14.3% compared to Q2 2019, reaching $513.1 million.
- Gross profit increased by 42.0% compared to Q2 2019.
- Net income attributable to MYR Group Inc. was $13.4 million, or $0.80 per diluted share.
- Backlog reached a record high of $1.55 billion.
Headline financials
Revenue & EPS history
MYR Group · Revenue · Quarterly
$513M
Revenue by segment
MYR Group · $864M total across 2 segments · Q4 2022
- Transmission & Distribution$514M—59.5%
- Commercial & Industrial$350M—40.5%
Forward guidance
The outlook is solid for the majority of the markets we serve, and we are fortunate to be part of an industry that constructs, maintains, and supports our nation’s critical electric infrastructure.
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 Q2 2020
-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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