Great Lakes Dredge & Dock Corp expected to post earnings of 10 cents a share - Earnings Preview

Great Lakes Dredge & Dock

12/02/2024 13:02

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 14 for the period ending December 31 2023
    * The Oak Brook Illinois-based  company is expected to
report a
25.1% increase in revenue to $183.475 million from $146.66
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Great Lakes Dredge &
Dock Corp
is for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $11.50​, above​ its last closing price
of $8.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.12       -0.12      -0.09     Beat    27
 Jun. 30 2023  -0.11       -0.10      0.03      Beat    129
 Mar. 31 2023  -0.15       -0.17      -0.05     Beat    70.6​
 Dec. 31 2022  -0.15       -0.14      -0.47     Missed  -235.7
 ​​Sep.        0.02        0.03       -0.15     Missed  -550
 30 2022                                                
 Jun. 30 2022  0.16        0.17       -0.06     Missed  -135.3
                                                        ​
 Mar. 31 2022  0.16        0.16       0.17      Beat    6.3
 Dec. 31 2021  0.31        0.31       0.37      Beat    18.1
 This summary was machine generated February 12 at 13:02 GMT. 
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)