Great Lakes Dredge & Dock Corp reports results for the quarter ended June 30 - Earnings Summary

Great Lakes Dredge & Dock

05/08/2025 15:01

Great Lakes Dredge & Dock Corp GLDD.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents.  The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 12 cents per share.

Revenue rose 13.9% to $193.76 million from a year ago; analysts expected $177.70 million.

Great Lakes Dredge & Dock Corp's reported EPS for the quarter was 14 cents​.

The company reported quarterly net income of $9.7 million.

Great Lakes Dredge & Dock Corp shares had fallen by 12.8% this quarter and lost 5.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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." The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for Great Lakes Dredge & Dock Corp is $14.50, about 26.7% above its last closing price of $10.63

This summary was machine generated from LSEG data August 5 at 02:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.09
0.14
Beat
Mar. 31 2025
0.26
0.49
Beat
Dec. 31 2024
0.23
0.29
Beat
Sep. 30 2024
0.18
0.13
Missed