Granite Construction (GVA) Misses Q3 EPS by 3c

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Go back to Granite Construction (GVA) Misses Q3 EPS by 3c

Granite Reports Third Quarter 2021 Results

October 28, 2021 6:45 AM EDT

Q3 revenue of $1.1 billion, essentially flat compared to the same period last year Q3 diluted net income per share of $0.73, Q3 adjusted diluted net income per share of $0.93 (1) Cash and marketable securities of $475 million, debt of $340 million Committed and Awarded Projects ("CAP") up $135.4 million compared to the same period last year Continued progress burning through the Old Risk Portfolio ("ORP") (2) reducing ORP CAP by $100 million during the quarter

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the third quarter ended... More