Great Lakes Dredge & Dock (GLDD) Misses Q3 EPS by 2c

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Go back to Great Lakes Dredge & Dock (GLDD) Misses Q3 EPS by 2c

Imperial Capital Cuts Price Target on Great Lakes Dredge & Dock (GLDD) Following 3Q Results

November 4, 2015 8:55 AM EST

Imperial Capital maintained an Outperform rating on Great Lakes Dredge & Dock (NASDAQ: GLDD), and cut the price target to $6.50 (from $8.50) following the company's 3Q earnings report. GLDD reported adjusted EBITDA of $23.1mn vs. the Street's $20.9mn.

Analyst Scott Levine commented, "On 10/16/15, GLDD withdrew... More