Stock Track | MYR Group Soars 5.03% in Post-Market on Strong Q1 Earnings Beat

Stock Track

Apr 30

MYR Group Inc's stock soared 5.03% in post-market trading, driven by the company's impressive first-quarter fiscal 2026 earnings results that significantly exceeded analyst expectations.

The specialty electrical contractor reported quarterly earnings of $2.99 per share, beating the consensus estimate of $2.00 by 49.5% and representing a 106.21% increase from the same period last year. Revenue climbed 20% to $1 billion, surpassing the $930.73 million analyst estimate, while net income more than doubled to $46.8 million.

Additional positive indicators included a 62.5% jump in EBITDA to $81.5 million, improved gross margin of 13.4%, and a record backlog of $2.84 billion that increased 7.7% year-over-year. CEO Rick Swartz attributed the momentum to higher revenue and gross profit, supported by deeper strategic customer relationships and investments to expand the company's geographic footprint and market reach.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1159164344"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1159164344\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1159164344?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-30 12:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159164344","market":"sg","top_or_hot":-1,"title":"Stock Track | MYR Group Soars 5.03% in Post-Market on Strong Q1 Earnings Beat","media":"Stock Track","content":"<p>MYR Group Inc's stock soared 5.03% in post-market trading, driven by the company's impressive first-quarter fiscal 2026 earnings results that significantly exceeded analyst expectations.</p><p>The specialty electrical contractor reported quarterly earnings of $2.99 per share, beating the consensus estimate of $2.00 by 49.5% and representing a 106.21% increase from the same period last year. Revenue climbed 20% to $1 billion, surpassing the $930.73 million analyst estimate, while net income more than doubled to $46.8 million.</p><p>Additional positive indicators included a 62.5% jump in EBITDA to $81.5 million, improved gross margin of 13.4%, and a record backlog of $2.84 billion that increased 7.7% year-over-year. CEO Rick Swartz attributed the momentum to higher revenue and gross profit, supported by deeper strategic customer relationships and investments to expand the company's geographic footprint and market reach.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MYR Group Soars 5.03% in Post-Market on Strong Q1 Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MYR Group Soars 5.03% in Post-Market on Strong Q1 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-30 12:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MYR Group Inc's stock soared 5.03% in post-market trading, driven by the company's impressive first-quarter fiscal 2026 earnings results that significantly exceeded analyst expectations.</p><p>The specialty electrical contractor reported quarterly earnings of $2.99 per share, beating the consensus estimate of $2.00 by 49.5% and representing a 106.21% increase from the same period last year. Revenue climbed 20% to $1 billion, surpassing the $930.73 million analyst estimate, while net income more than doubled to $46.8 million.</p><p>Additional positive indicators included a 62.5% jump in EBITDA to $81.5 million, improved gross margin of 13.4%, and a record backlog of $2.84 billion that increased 7.7% year-over-year. CEO Rick Swartz attributed the momentum to higher revenue and gross profit, supported by deeper strategic customer relationships and investments to expand the company's geographic footprint and market reach.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MYRG","symbol_name":"MYR Group","start_time":0,"source_url":"","article_id":"1159164344","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159164344","pubTimestamp":1777523748,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MYR Group Inc's stock soared 5.03% in post-market trading, driven by the company's impressive first-quarter fiscal 2026 earnings results that significantly exceeded analyst expectations.The specialty...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MYRG":"MYR Group"},"translate_title":"股票追踪|MYR集团因第一季度盈利强劲而盘后飙升5.03%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MYRG":1},"content_text":"MYR Group Inc's stock soared 5.03% in post-market trading, driven by the company's impressive first-quarter fiscal 2026 earnings results that significantly exceeded analyst expectations.The specialty electrical contractor reported quarterly earnings of $2.99 per share, beating the consensus estimate of $2.00 by 49.5% and representing a 106.21% increase from the same period last year. Revenue climbed 20% to $1 billion, surpassing the $930.73 million analyst estimate, while net income more than doubled to $46.8 million.Additional positive indicators included a 62.5% jump in EBITDA to $81.5 million, improved gross margin of 13.4%, and a record backlog of $2.84 billion that increased 7.7% year-over-year. CEO Rick Swartz attributed the momentum to higher revenue and gross profit, supported by deeper strategic customer relationships and investments to expand the company's geographic footprint and market reach.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}