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

Great Lakes Dredge & Dock

03/11/2021 11:35

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 26 cents per share.
* Revenue fell 4.1% to $168.64 million from a year ago; 
analysts expected $204.57 million. 
* Great Lakes Dredge & Dock Corp's reported EPS for the quarter
was 21 cents​.
* The mean earnings estimate of analysts had fallen by about 6%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Great Lakes Dredge & Dock Corp shares had fallen by 1.8% this
quarter and gained 12.5% so far this year.
* The company reported quarterly net income of $13.81 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 November 3 at 11:35 a.m.
 ​All figures in US dollars unless otherwise stated