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

Great Lakes Dredge & Dock

04/05/2021 18:19

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 22 cents per share.
* Revenue fell 18.4% to $177.63 million from a year ago​; 
analysts expected $186.40 million.
* Great Lakes Dredge & Dock Corp's reported EPS for the quarter
was 13 cents​.
* The mean earnings estimate of analysts had fallen by
about 12.2% 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 10.9% this
quarter and gained 22.8% so far this year.
* The company reported quarterly net income of $8.81 million.
* Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $17.53 
* 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." 
This summary was machine generated May 4 at 05:19 p.m. GMT. ​All
figures in US Dollars.​