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

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

Great Lakes Dredge & Dock (NASDAQ:GLDD) last issued its quarterly earnings results on Wednesday, February 14th. The construction company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $181.73 million during the quarter, compared to analyst estimates 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 Stock Down 0.7 %

Shares of GLDD stock opened at $7.14 on Monday. Great Lakes Dredge & Dock has a 12 month low of $5.28 and a 12 month 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. The stock has a 50 day moving average of $8.36 and a 200-day moving average of $7.77. The company has a quick ratio of 1.07, a current ratio of 1.26 and a debt-to-equity ratio of 1.07.

Analysts Set New Price Targets

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