Great Lakes Dredge & Dock Corp expected to post earnings of 23 cents a share - Earnings Preview

Great Lakes Dredge & Dock

14/02/2025 13:21

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 18 for the period ending December 31 2024
    * The Houston Texas-based  company is expected to report a
15.0% increase in revenue to $209.025 million from $181.73
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 23 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 $15.00​, above​ its last closing price
of $11.12. ​​​

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 2024  0.18        0.18       0.13      Missed  -27.8
 Jun. 30 2024  0.02        0.02       0.11      Beat    450
 Mar. 31 2024  0.07        0.08       0.31      Beat    313.3​
 Dec. 31 2023  0.09        0.10       0.32      Beat    228.2
 ​​Sep.        -0.12       -0.12      -0.09     Beat    27
 30 2023                                                
 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
 This summary was machine generated February 14 at 13:21 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)