Great Lakes Dredge & Dock Corp expected to post earnings of 22  cents a share - Earnings Preview

Great Lakes Dredge & Dock

30/04/2021 13:05

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is expected
to show a fall in quarterly revenue when it reports results on
May 4.
* The Houston, Texas-based company is expected to report  a
14.4% decrease in revenue to $186.4 million from $217.7 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Great Lakes Dredge &
Dock Corp is for earnings of 22 cents per share. For the same
quarter last year, the company reported earnings of 52 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $17.53​, about 9.9% above​ its last
closing price of $15.79. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.28        0.23       0.52      Beat    131.1
 Dec.          0.15​       0.15       0.17      Beat    17.2​
 31​ 2019​                                              
 Sep. 30 2019  0.12        0.12       0.14      Beat    16.7​
 Jun. 30 2019  0.12        0.12       0.13      Beat    8.3
 Mar. 31 2019  0.07        0.07       0.27      Beat    285.7
 This summary was machine generated April 30 at 12:05 GMT.  All
figures in US dollars unless otherwise stated