Granite Construction (GVA) Tops Q1 EPS by 55c

Granite Construction (NYSE: GVA) reported Q1 EPS of ($0.11), $0.55 better than the analyst estimate of ($0.66). Revenue for the quarter came in at $669.6 million versus the consensus estimate of $657.91 million.

Outlook:

The Company reaffirms our guidance for 2021:

• Low- to mid-single digit revenue growth
• Adjusted EBITDA margin of 5.5% to 7.5%

For earnings history and earnings-related data on Granite Construction (GVA) click here.

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