Great Lakes Dredge & Dock Stock Jumps 17% After 4Q Results [MarketWatch]
Great Lakes Dredge & Dock Corporation (GLDD)
Last great lakes dredge & dock corporation earnings: 2/19 08:00 am
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Source: MarketWatch
The stock climbed 17% to $9.43 in afternoon trading. Shares are up more than 40% over the past 12 months. Advertisement The company, based in Oak Brook, Ill., reported a quarterly profit of 32 cents a share, compared with a loss of 47 cents a share in the same period a year earlier. Revenue rose 24% to $181.7 million. Great Lakes Dredge & Dock said it recorded a $5.6 million gain related to the termination of an offshore-wind project in New York. Chief Executive Lasse Petterson said the company has remained focused on cutting costs even as bidding activity ramps up for big government contracts. Petterson said the company is committed to entering the offshore-wind market, despite recent challenges in the sector. Write to Will Feuer at Will.Feuer@wsj.com
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GLDD
News
- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- New Strong Buy Stocks for May 13th [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
GLDD
Earnings
- 5/7/24 - Beat
GLDD
Analyst Actions
- 2/21/24 - TheStreet
GLDD
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form 8-K
- 5/7/24 - Form 10-Q
- GLDD's page on the SEC website