MYRG

MYRG's record Q2 revenues and backlog signal continued growth, but project timing, execution and cost pressures could test its pace.

THORNTON, Colo., Sept. 01, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Jefferies Renewables, Clean Energy, & Construction investor conference. MYR Group's Chief Executive Officer, Rick Swartz and Chief Financial Officer, Kelly Huntington will meet with institutional investors during the Jefferies Renewables, Clean Energy, & Construction Conference on September 11, 2026, virtually. This event is only available to Jefferies clients.

The heavy selling pressure might have exhausted for MYR (MYRG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here is how MYR Group (MYRG) and Shenandoah Telecommunications (SHEN) have performed compared to their sector so far this year.

MYR Group tops Q2 earnings and revenue estimates as record backlog and strong demand across key infrastructure markets support growth.

The electrification investment cycle continues to reshape the construction and engineering industry, creating significant opportunities for companies involved in electrical infrastructure, mission-critical facilities and grid modernization. As utilities expand transmission networks, data center construction accelerates and industrial customers invest in power-intensive facilities, contractors with specialized capabilities are benefiting from strong demand and expanding backlogs.

MYR Group NASDAQ: MYRG reported record second-quarter revenue, earnings and backlog as demand for electrical infrastructure work remained steady across its transmission and distribution and commercial and industrial operations.

MYR Group Inc. (MYRG) Q2 2026 Earnings Call Transcript

THORNTON, Colo., July 29, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR or the "Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its second-quarter and first-half 2026 financial results.

The accelerating build-out of U.S. energy infrastructure is creating a favorable backdrop for companies involved in power generation, transmission and distribution. Growing electricity demand from data centers, electrification, grid modernization and industrial expansion continues to support a robust project pipeline, while utilities and developers increasingly prioritize reliable, mission-critical electrical infrastructure.