Granite Construction (GVA) Tops Q1 EPS by 55c

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Go back to Granite Construction (GVA) Tops Q1 EPS by 55c

Granite Reports First Quarter 2021 Results

May 7, 2021 6:45 AM EDT

Revenue of $669.9 million, up 5.3% year-over-year Gross profit of $63.3 million, up 166.1% year-over-year Committed and Awarded Projects ("CAP") (1) of $4.45 billion, up 4% over the fourth quarter of 2020 Operating cash flow of $38.1 million, up $58.2 million year-over-year

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the first quarter ended March 31, 2021.

First Quarter 2021 Results

Results for the first quarter of 2021 were a net loss of ($66.2) million, or ($1.45) per diluted share, compared to a net loss of ($65.4) million, or ($1.44) per diluted... More