Posted on February 27, 2017
By Renata Jones, SP
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) announced its quarterly earnings results on Wednesday. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.06. Great Lakes Dredge & Dock Corporation had a negative return on equity of 0.81% and a negative net margin of 0.26%. The business had revenue of $213.40 million for the quarter, compared to analyst estimates of $194.90 million. During the same quarter last year, the company earned ($0.01) EPS. The business’s revenue for the quarter was down 4.1% compared to the same quarter last year.
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) opened at 4.55 on Friday. The firm’s market cap is $277.28 million. The stock’s 50 day moving average is $4.80 and its 200 day moving average is $4.17. Great Lakes Dredge & Dock Corporation has a 52 week low of $3.05 and a 52 week high of $5.45.
Source: SP
