Great Lakes Dredge & Dock (GLDD) Scheduled to Post Quarterly Earnings on Tuesday

Great Lakes Dredge & Dock (NASDAQ:GLDD) is scheduled to release its earnings data on Tuesday, April 30th.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last announced its earnings results on Wednesday, February 14th. The construction company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.09 by $0.16. Great Lakes Dredge & Dock had a return on equity of 2.56% and a net margin of 2.36%. The firm had revenue of $181.73 million for the quarter, compared to the consensus estimate of $190.05 million. 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

Shares of GLDD opened at $7.14 on Monday. The business has a 50-day moving average of $8.36 and a 200-day moving average of $7.77. Great Lakes Dredge & Dock has a 1 year low of $5.28 and a 1 year high of $9.78. The company has a market capitalization of $476.50 million, a price-to-earnings ratio of 34.00, a price-to-earnings-growth ratio of 1.24 and a beta of 0.96. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.26 and a quick ratio of 1.07.

Wall Street Analysts Forecast Growth

GLDD has been the topic of a number of analyst reports. StockNews.com raised shares of Great Lakes Dredge & Dock from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th. TheStreet raised Great Lakes Dredge & Dock from a “d+” rating to a “c-” rating in a research note on Tuesday, February 20th.

Great Lakes Dredge & Dock Company Profile

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures.