Granite Construction: Q1 Earnings Insights

Granite Construction: Q1 Earnings Insights

 

Granite Construction GVA reported its Q1 earnings results on Thursday, April 28, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Granite Construction missed estimated earnings by 100.0%, reporting an EPS of $-0.28 versus an estimate of $-0.14.

Revenue was down $122.33 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.31 which was followed by a 6.17% drop in the share price the next day.

Here's a look at Granite Construction's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.36 0.96 0.52 -0.66 -0.58
EPS Actual 0.05 0.93 0.91 -0.11 0.41
Revenue Estimate 960.70M 1.14B 962.67M 657.91M 648.00M
Revenue Actual 805.70M 1.06B 964.17M 669.91M 945.57M

To track all earnings releases for Granite Construction visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews