MYR: 3Q Earnings Snapshot

ROLLING MEADOWS, Ill. (AP) _ MYR Group Inc. (MYRG) on Wednesday reported third-quarter net income of $8 million.

On a per-share basis, the Rolling Meadows, Illinois-based company said it had profit of 48 cents.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The electrical construction services provider posted revenue of $399.5 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $401.3 million.

MYR shares have fallen nearly 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.62, an increase of slightly more than 5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MYRG at https://www.zacks.com/ap/MYRG