Great Lakes Dredge & Dock Corp expected to post earnings of 26 cents a share - Earnings Preview

Great Lakes Dredge & Dock

29/10/2021 16:28

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is expected
to show a rise in quarterly revenue when it reports results on
November 2. 
* The Houston, Texas-based company is expected to report  a
16.3% increase in revenue to $204.567 million from $175.84
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 26 cents per share. For the same
quarter last year, the company reported earnings of 17 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 16.8% above​ its last closing
price of $14.97. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.17        0.17       0.03      Missed  -82.4
 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.          0.10​       0.10       0.14      Beat    40​
 30​ 2020​                                              
 Mar. 31 2020  0.28        0.23       0.52      Beat    131.1​
 Dec. 31 2019  0.15        0.15       0.17      Beat    17.2
 Sep. 30 2019  0.12        0.12       0.14      Beat    16.7
 This summary was machine generated October 29 at 15:28 GMT.  All
figures in US dollars unless otherwise stated