MYR Group Q3 Earnings Call Highlights 2027 Growth & Margin Outlook

MYR Group (MYRG) reported strong Q3 2026 earnings, beating consensus estimates with $3.82 EPS and $1.26B in revenues. The company projects 15%-18% consolidated revenue growth in 2027, driven by C&I segment expansion (18%-22% growth) and accelerating T&D demand (10%-13% growth). C&I margins improved to 8.7% from 6.4%, while backlog surged 38.2% to $3.68B. Management expects larger transmission projects to begin in late 2027, with significant activity anticipated in 2028.