Granite Construction (GVA) Misses Q3 EPS by 29c, Beats on Revenue; offers FY24 Guidance

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Go back to Granite Construction (GVA) Misses Q3 EPS by 29c, Beats on Revenue; offers FY24 Guidance

Granite Reports Third Quarter 2024 Results

October 31, 2024 6:45 AM EDT

Q3 revenue increased 14% year-over-year to $1.3 billion Q3 diluted EPS of $1.57 and adjusted diluted EPS (1) of $2.05, compared to $1.13 and $1.72 in the prior year, respectively Record Committed and Awarded Projects (CAP) (2) of $5.6 billion, a sequential increase of $44 million Year-to-date operating cash flow increased $249 million year-over-year Expanded southeast home market with acquisition of Dickerson & Bowen, Inc.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended September 30, 2024.

Third Quarter 2024 Results

Net income attributable to Granite Construction... More