Granite Construction Inc reports results for the quarter ended June 30 - Earnings Summary

Granite Construction Incorporated

30/07/2026 17:31

Granite Construction Inc GVA.N reported quarterly adjusted earnings of $2.16​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.93.  The mean expectation of five analysts for the quarter was for earnings of $2.33 per share. Wall Street expected results to range from $2.20  to $2.43 per share.
Revenue rose 29.3% to $1.46 billion from a year ago; analysts expected $1.41 billion. 
Granite Construction Inc's reported EPS for the quarter was a loss of $6.36​.
The company reported a quarterly loss of $278.16 million.
Granite Construction Inc shares had fallen by 25.4% this quarter and gained 2.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.6% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy" 
Wall Street's median 12-month price target for Granite Construction Inc is $172.50, about 31.7% above its last closing price of $117.88
This summary was machine generated from LSEG data July 30 at 04:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
2.33
2.16
Missed
Mar. 31 2026 
-0.61
0.26
Beat
Dec. 31 2025 
1.37
1.40
Beat
Sep. 30 2025 
2.50
2.70
Beat