Granite Reports Fiscal Year 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Granite Construction (GVA) Misses Q4 EPS by 49c, Revenues Miss
February 20, 2019 6:57 AM ESTGranite Construction (NYSE: GVA) reported Q4 EPS of $0.50, $0.49 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $892.33 million versus the consensus estimate of $966.85 million.
Granites teams delivered record safety performance in 2018, adding to the foundation that supports the continued growth of our leadership position as Americas Infrastructure Company, said Granite President and Chief Executive Officer James H. Roberts. Our intentional emphasis on bidding and pricing discipline produced higher bid-day margins and contributed to more than 140 basis points of adjusted EBITDA margin1... More
