MYR Group (MYRG) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.82
- Estimate
- $2.98
- Surprise
- +28.4%
- Revenue (period 2026-09-30)
- $1.26B
- Score at report (before → after)
- 6.5 → 6.6/10
Revenue source: xbrl.
How the report landed
MYR Group (MYRG) beat the $2.98 estimate with adjusted EPS of $3.82 — a large 28.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.5/10) to Hold at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MYRG Hold at 6.6/10.
4 of the last 4 quarters beat the estimate; this quarter's +28.4% surprise compares with a +29.8% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $279.92
- Price target
- $332.34
- Stop
- $260.33
- Upside to target
- +18.7%
- Reward-to-risk
- 1.5:1
The stock trades at 26.6× trailing but 19.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
MYRG at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Engineering & Construction
- Market cap
- $4.36B
- P/E (fwd)
- 19.4
- P/E (ttm)
- 26.6
- 52-week range
- $199.31–$503.57
- Off 52-week high
- 44.4%
- RSI (14)
- 34
- Volume vs avg
- 1.64×
- Score today
- 6.6/10