Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $211.20 million for the quarter.
Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.05). The firm had revenue of $191.17 million for the quarter, compared to analyst estimates of $180.80 million. Great Lakes Dredge & Dock had a return on equity of 13.35% and a net margin of 7.97%. During the same period in the previous year, the business posted ($0.09) EPS. On average, analysts expect Great Lakes Dredge & Dock to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Great Lakes Dredge & Dock Price Performance
NASDAQ GLDD traded down $0.05 during trading hours on Friday, reaching $11.41. 391,697 shares of the company's stock were exchanged, compared to its average volume of 343,249. The firm has a fifty day moving average of $11.72 and a 200-day moving average of $11.01. Great Lakes Dredge & Dock has a one year low of $6.55 and a one year high of $12.89. The stock has a market cap of $767.55 million, a PE ratio of 13.11, a price-to-earnings-growth ratio of 0.37 and a beta of 1.16. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of 0.97.
Insider Transactions at Great Lakes Dredge & Dock
In other news, Director Kathleen M. Shanahan sold 23,238 shares of the company's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $12.63, for a total transaction of $293,495.94. Following the transaction, the director now directly owns 67,675 shares in the company, valued at approximately $854,735.25. This represents a 25.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.20% of the company's stock.
Great Lakes Dredge & Dock Company Profile
(
Get Free Report)
Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.
Featured Articles
Before you consider Great Lakes Dredge & Dock, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Great Lakes Dredge & Dock wasn't on the list.
While Great Lakes Dredge & Dock currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
