Great Lakes Dredge & Dock Corp expected to post earnings of 31  cents a share - Earnings Preview

Great Lakes Dredge & Dock

14/02/2022 13:32

* Great Lakes Dredge & Dock Corp  GLDD.OQ   GLDD.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 16. 
    * The Houston Texas-based  company is expected to report  a
30.7% increase in revenue to $225 million from $172.15 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 31 cents per share. For the same quarter
last year, the company reported earnings of 16 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 24.1% above​ its last closing
price of $13.67. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.21        0.22       0.13      Missed  -39.5​
 Dec. 31 2020  0.20        0.20       0.16      Missed  -17.9
 ​​Sep.        0.15        0.16       0.17      Beat    6.3
 30 2020                                                
 Jun. 30 2020  0.10        0.10       0.14      Beat    40​
 Mar. 31 2020  0.28        0.23       0.52      Beat    131.1
 Dec. 31 2019  0.15        0.15       0.17      Beat    17.2
 This summary was machine generated February 14 at 13:31 GMT. 
All figures in US dollars  unless otherwise stated