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

Great Lakes Dredge & Dock

29/07/2022 15:37

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 2. 
    * The Oak Brook Illinois-based  company is expected to
report  a
6.4% increase in revenue to $180.833 million from $169.91
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 3 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​, above​ its last closing price
of $12.83. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.16        0.16       0.17      Beat    6.3
 Dec. 31 2022  0.31        0.31       0.37      Beat    18.1
 Sep. 30 2021  0.26        0.26       0.21      Missed  -19.2​
 Jun. 30 2021  0.17        0.17       0.03      Missed  -82.4
 ​​Mar.        0.21        0.22       0.13      Missed  -39.5
 31 2021                                                
 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
 This summary was machine generated July 29 at 14:37 GMT.  All
figures in US dollars  unless otherwise stated