Great Lakes Dredge & Dock Corp reports results for the quarter ended in June - Earnings Summary

Great Lakes Dredge & Dock

03/08/2021 14:56

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported quarterly
adjusted earnings of 3 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 17 cents per share.
* Revenue rose 1.2% to $169.91 million from a year ago; 
analysts expected $178.10 million. 
* Great Lakes Dredge & Dock Corp's reported EPS for the quarter
was 3 cents​.
* The mean earnings estimate of analysts had fallen by
about 24.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Great Lakes Dredge & Dock Corp shares had risen by 3.8% this
quarter and gained 15.1% so far this year.
* The company reported quarterly net income of $2.11 million.
* Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $18.00 
* 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." 
This summary was machine generated August 3 at 01:56 p.m.  ​All
figures in US dollars unless otherwise stated