share_log

Earnings Beat: MYR Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Earnings Beat: MYR Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

盈利超出预期:myr group公司刚刚超过分析师预测,并且分析师一直在更新他们的模型
Simply Wall St ·  2024/11/02 20:53

Shareholders of MYR Group Inc. (NASDAQ:MYRG) will be pleased this week, given that the stock price is up 14% to US$130 following its latest third-quarter results. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at US$888m, statutory earnings beat expectations by a notable 55%, coming in at US$0.65 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

MYR Group Inc.(纳斯达克:MYRG)的股东本周应该很高兴,因为股价上涨14%至130美元,紧随其最新第三季度业绩。整体看来,这似乎是一个体面的成绩——尽管营收略低于分析师预期的88800万美元,但法定盈利却高于预期55%,达到每股0.65美元。在发布结果后,分析师们已更新了他们的盈利模型,了解他们是否认为公司前景发生了重大变化,还是业务照常进行,将是个好事。我们已收集最新的法定预测数据,以查看分析师是否在这些结果之后修改了他们的盈利模型。

big
NasdaqGS:MYRG Earnings and Revenue Growth November 2nd 2024
MYR Group(纳斯达克:MYRG)2024年11月2日盈利和营收增长

After the latest results, the four analysts covering MYR Group are now predicting revenues of US$3.61b in 2025. If met, this would reflect a modest 2.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 160% to US$6.18. In the lead-up to this report, the analysts had been modelling revenues of US$3.66b and earnings per share (EPS) of US$5.70 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

在最新的结果公布后,现有四位分析师对MYR Group的预测显示,2025年的营收将达到36.1亿美元。如果达成,这将反映出与过去12个月相比略有增长的2.1%的营收。预计每股收益将增长160%,达到6.18美元。在此报告发布前,分析师们此前对2025年的营收预期为36.6亿美元,每股收益(EPS)为5.70美元。分析师似乎对该业务变得更看好,从他们的新每股收益预期来看。

The consensus price target was unchanged at US$131, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on MYR Group, with the most bullish analyst valuing it at US$138 and the most bearish at US$124 per share. This is a very narrow spread of estimates, implying either that MYR Group is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

共识价格目标保持不变,为131美元,这意味着盈利前景的改善预期不会对股东的价值创造产生长期影响。共识价格目标只是各个分析师目标的平均值,因此——看一下潜在预测的范围有多大可能会有所帮助。关于MYR Group,存在一些不同的看法,其中最看好的分析师估值为每股138美元,最看淡的估值为每股124美元。这是一种非常狭窄的预测差距,说明MYR Group是一家便于估值的公司,或者更有可能是分析师在很大程度上依赖于一些关键假设。

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the MYR Group's past performance and to peers in the same industry. It's pretty clear that there is an expectation that MYR Group's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.7% growth on an annualised basis. This is compared to a historical growth rate of 13% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 8.4% annually. Factoring in the forecast slowdown in growth, it seems obvious that MYR Group is also expected to grow slower than other industry participants.

这些预测很有趣,但在比较预测时,看到更广泛的情况对于了解MYR Group过去的表现以及同行业同行的情况也是有用的。很明显,预计MYR Group的营收增长将大幅放缓,到2025年底预计年增长率仅为1.7%。这与过去五年的历史增长率为13%进行对比。将此与同行业其他公司(根据分析师预测)进行比较,可看到整体预计年营收增长率为8.4%。考虑到增长放缓的预期,很明显MYR Group预计增长速度也将低于其他行业参与者。

The Bottom Line

最重要的事情是分析师增加了它对下一年每股亏损的估计。令人欣慰的是,营收预测未发生重大变化,业务仍有望比整个行业增长更快。共识价格目标稳定在28.50美元,最新估计不足以对价格目标产生影响。

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around MYR Group's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at US$131, with the latest estimates not enough to have an impact on their price targets.

对我们来说最重要的一点是共识每股收益的升级,这表明了对MYR Group明年收益潜力的看法明显改善。另一方面,营业收入预期没有发生重大变化;尽管预测暗示它们将表现不如更广泛的行业板块。共识价格目标稳定在131美元,最新估算数据并不足以对他们的价格目标产生影响。

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for MYR Group going out to 2026, and you can see them free on our platform here..

话虽如此,公司收益的长期轨迹比明年更重要。在Simply Wall St,我们对MYR Group到2026年的分析师预测有全面的范围,您可以在我们的平台上免费查看这些预测。

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with MYR Group , and understanding this should be part of your investment process.

尽管如此,考虑到投资风险的永远存在是必要的。我们已经确认了MYR Group的一个警示信号,并且了解这一点应该是您投资过程的一部分。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
    抢沙发