Granite Construction (GVA) Tops Q4 EPS by 99c

Granite Construction (NYSE: GVA) reported Q4 EPS of $0.41, $0.99 better than the analyst estimate of ($0.58). Revenue for the quarter came in at $945.6 million versus the consensus estimate of $648 million.

Outlook and Guidance:

The Company’s expectations for 2021 are:

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

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

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