Granite Construction (NYSE:GVA) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Granite Construction missed estimated earnings by 100.0%, reporting an EPS of $-0.28 versus an estimate of $-0.14.
Revenue was down $122.33 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.31 which was followed by a 6.17% drop in the share price the next day.
Here's a look at Granite Construction's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.96 | 0.52 | -0.66 | -0.58 |
| EPS Actual | 0.05 | 0.93 | 0.91 | -0.11 | 0.41 |
| Revenue Estimate | 960.70M | 1.14B | 962.67M | 657.91M | 648.00M |
| Revenue Actual | 805.70M | 1.06B | 964.17M | 669.91M | 945.57M |
To track all earnings releases for Granite Construction visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
