THORNTON, Colo. (AP) — THORNTON, Colo. (AP) — MYR Group Inc. (MYRG) on Wednesday reported second-quarter net income of $49.9 million.
On a per-share basis, the Thornton, Colorado-based company said it had profit of $3.17.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The electrical construction services provider posted revenue of $1.08 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $995.5 million.
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