Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) is scheduled to post its quarterly earnings results on Tuesday, October 31st. Analysts expect Great Lakes Dredge & Dock Corporation to post earnings of $0.11 per share for the quarter.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) last posted its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $176.90 million during the quarter, compared to analyst estimates of $201.70 million. Great Lakes Dredge & Dock Corporation had a negative net margin of 2.62% and a positive return on equity of 1.00%. The company’s revenue for the quarter was down 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.03) earnings per share. On average, analysts expect Great Lakes Dredge & Dock Corporation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Great Lakes Dredge & Dock Corporation (GLDD) opened at 5.05 on Tuesday. The firm’s market capitalization is $310.10 million. Great Lakes Dredge & Dock Corporation has a 1-year low of $3.05 and a 1-year high of $5.45. The firm has a 50-day moving average of $4.85 and a 200-day moving average of $4.37.

TRADEMARK VIOLATION WARNING: “Great Lakes Dredge & Dock Corporation (GLDD) to Release Earnings on Tuesday” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/24/great-lakes-dredge-dock-corporation-gldd-to-release-earnings-on-tuesday.html.

In related news, CEO Lasse Petterson bought 42,610 shares of the stock in a transaction on Monday, August 14th. The shares were purchased at an average price of $3.92 per share, with a total value of $167,031.20. Following the purchase, the chief executive officer now owns 391,786 shares in the company, valued at $1,535,801.12. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have acquired 291,904 shares of company stock worth $1,095,805. 8.24% of the stock is owned by corporate insiders.

GLDD has been the topic of a number of analyst reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $6.50 price objective on shares of Great Lakes Dredge & Dock Corporation in a report on Tuesday, July 11th. ValuEngine cut shares of Great Lakes Dredge & Dock Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, BidaskClub cut shares of Great Lakes Dredge & Dock Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th.

Great Lakes Dredge & Dock Corporation Company Profile

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East, West and Gulf Coasts of the United States and around the world. It operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock, and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors.

Earnings History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Receive News & Ratings for Great Lakes Dredge & Dock Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Lakes Dredge & Dock Corporation and related companies with MarketBeat.com's FREE daily email newsletter.