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

Great Lakes Dredge & Dock

03/05/2022 16:33

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported
quarterly
adjusted earnings of 17 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 16 cents per share.
    * Revenue rose 9.4% to $194.35 million from a year ago; 
analysts
expected $170.53 million. 
    * Great Lakes Dredge & Dock Corp's reported EPS for the
quarter
was 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.5%
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 fallen by 1.7%
this
quarter and lost 12.3% so far this year.
    * The company reported quarterly net income of $11.06
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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 3 at 03:33 p.m.  ​All
figures in US dollars unless otherwise stated