THORNTON, Colo. (AP) — THORNTON, Colo. (AP) — MYR Group Inc. (MYRG) on Wednesday reported first-quarter earnings of $23.3 million.
On a per-share basis, the Thornton, Colorado-based company said it had net income of $1.45.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The electrical construction services provider posted revenue of $833.6 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $777.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MYRG at https://www.zacks.com/ap/MYRG