Granite Construction (GVA) Misses Q3 EPS by 20c

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Go back to Granite Construction (GVA) Misses Q3 EPS by 20c

Granite Reports Third Quarter 2015 Results

November 2, 2015 6:55 AM EST

Total quarterly net income doubled to $30.8 million Total quarterly gross profit increased to $100.9 million; all segments contribute to 51.3 percent year-over-year growth Total quarterly revenue increased 4.4 percent to $751.4 million Total year-to-date gross profit increased 21.3 percent to $206.8 million, with gross profit margin of 11.9 percent, up 176.0 basis points from 2014 Total contract backlog at all-time high of $3.1 billion

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today reported net income of... More