Great Lakes Dredge & Dock Corp expected to post earnings of 23 cents a share - Earnings Preview

Reuters
14 Feb
Great Lakes Dredge & Dock Corp <gldd.oq> expected to post earnings of 23 cents a share - Earnings Preview </gldd.oq>
  • Great Lakes Dredge & Dock Corp GLDD.OQ GLDD.O is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024

  • The Houston Texas-based company is expected to report a 15.0% increase in revenue to $209.025 million from $181.73 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Great Lakes Dredge & Dock Corp is for earnings of 23 cents per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Great Lakes Dredge & Dock Corp is $15.00​, above​ its last closing price of $11.12. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.18

0.18

0.13

Missed

-27.8

Jun. 30 2024

0.02

0.02

0.11

Beat

450

Mar. 31 2024

0.07

0.08

0.31

Beat

313.3​

Dec. 31 2023

0.09

0.10

0.32

Beat

228.2

​​Sep. 30 2023

-0.12

-0.12

-0.09

Beat

27

Jun. 30 2023

-0.11

-0.10

0.03

Beat

129​

Mar. 31 2023

-0.15

-0.17

-0.05

Beat

70.6

Dec. 31 2022

-0.15

-0.14

-0.47

Missed

-235.7

This summary was machine generated February 14 at 13:21 GMT. 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)

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