Great Lakes Dredge & Dock Corp expected to post earnings of 17 cents a share - Earnings Preview

Great Lakes Dredge & Dock

30/07/2021 15:57

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is expected
to show a rise in quarterly revenue when it reports results on
August 3. 
* The Houston, Texas-based company is expected to report   a
6.1% increase in revenue to $178.1 million from $167.92 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Great Lakes Dredge &
Dock Corp is for earnings of 17 cents per share. For the same
quarter last year, the company reported earnings of 14 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 $18​, about 13.8% above​ its last closing
price of $15.52. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.21        0.22       0.13      Missed  -39.5
 Dec. 31 2020  0.20        0.20       0.16      Missed  -17.9
 Sep. 30 2020  0.15        0.16       0.17      Beat    6.3​
 Jun. 30 2020  0.10        0.10       0.14      Beat    40
 Mar.          0.28​       0.23       0.52      Beat    131.1​
 31​ 2020​                                              
 Dec. 31 2019  0.15        0.15       0.17      Beat    17.2​
 Sep. 30 2019  0.12        0.12       0.14      Beat    16.7
 Jun. 30 2019  0.12        0.12       0.13      Beat    8.3
 This summary was machine generated July 30 at 14:57 GMT.  All
figures in US dollars unless otherwise stated