Great Lakes Dredge & Dock Corporation - Common Stock (GLDD)
11.27
+0.29 (2.64%)
Great Lakes Dredge & Dock Corporation is a prominent provider of dredging and marine construction services in the United States
The company specializes in the maintenance and improvement of waterways, offering a range of services including dredging for harbor expansions, coastline restoration, and beach nourishment. Great Lakes employs innovative technologies and equipment to enhance project efficiency and environmental protection, supporting vital infrastructure projects that foster economic growth and sustainability. In addition to dredging, the company engages in related services such as marine engineering and project management, contributing to the safe navigation of vessels and the protection of coastal areas.
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Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQGLDD) announced better-than-expected revenue in Q3 CY2024, with sales up 63.1% year on year to $191.2 million. Its GAAP profit of $0.13 per share was 29.1% below analysts’ consensus estimates.
Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQGLDD)
will be reporting earnings tomorrow morning. Here’s what investors should know.
GLDD stock results show that Great Lakes Dredge & Dock beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
