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Granite Construction Q2 2023 Earnings Report

Granite Construction logo
$93.62 +1.84 (+2.00%)
(As of 09:39 AM ET)

Granite Construction EPS Results

Actual EPS
$1.03
Consensus EPS
$0.83
Beat/Miss
Beat by +$0.20
One Year Ago EPS
N/A

Granite Construction Revenue Results

Actual Revenue
$898.55 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Granite Construction Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Granite Construction Earnings Headlines

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About Granite Construction

Granite Construction (NYSE:GVA) operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in our construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, railways, residential development, and energy development; and provides construction management professional services. It serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.

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