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

Great Lakes Dredge & Dock

01/11/2022 13:02

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported a
quarterly
adjusted loss of 15 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 3 cents per share.
    * Revenue fell 6.1% to $158.35 million from a year ago;
analysts
expected $160.43 million. 
    * Great Lakes Dredge & Dock Corp's reported EPS for the
quarter
was a loss of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 84.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Great Lakes Dredge & Dock Corp shares had fallen by 0.3%
this
quarter and lost 51.9% so far this year.
    * The company reported a quarterly loss of $9.91 million.
    * Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $17.00 
    * 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 from Refinitiv data November
1 at 01:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.03           -0.15          Missed
 Jun. 30 2022      0.17           -0.06          Missed
 Mar. 31 2022      0.16           0.17           Beat
 Dec. 31 2021      0.31           0.37           Beat