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

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

Great Lakes Dredge & Dock (NASDAQ:GLDD) last posted its earnings results on Wednesday, February 14th. The construction company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.16. The company had revenue of $181.73 million for the quarter, compared to analyst estimates of $190.05 million. Great Lakes Dredge & Dock had a net margin of 2.36% and a return on equity of 2.56%. 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 Trading Down 0.7 %

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on GLDD shares. TheStreet upgraded shares of Great Lakes Dredge & Dock from a “d+” rating to a “c-” rating in a research note on Tuesday, February 20th. StockNews.com raised Great Lakes Dredge & Dock from a “sell” rating to a “hold” rating in a research report on Thursday, February 15th.

About Great Lakes Dredge & Dock

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.