Granite Reports Second Quarter 2018 Results

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Go back to Granite Reports Second Quarter 2018 Results

Granite Construction (GVA) Misses Q2 EPS by 38c, Miss on Revenues

August 8, 2018 6:57 AM EDT

Granite Construction (NYSE: GVA) reported Q2 EPS of $0.43, $0.38 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $807.1 million versus the consensus estimate of $897.7 million.

After producing the best first-half revenue performance in our Companys history and with adjusted EBITDA nearly tripling year-over-year through June, Granite teams remain focused on consistent execution, process improvement, and... More