Granite Construction (NYSE:GVA) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Granite (NYSE:GVA) announced today that it has been awarded the approximately $15 million contract for restoration work on Calabazas Creek near Cupertino, California. Awarded by the Santa Clara Valley Water
According to data from Benzinga Pro, during Q1, Granite Construction's (NYSE:GVA) reported sales totaled $547.59 million. Despite a 51.94% increase in earnings, the company posted a loss of $9.82 million.
Granite (NYSE:GVA) announced today that it has been awarded the approximately $75 million contract for the I-515 and Charleston Boulevard Interchange improvement project by the Nevada Department of Transportation (NDOT).
Gainers
KAR Auction Services, Inc. (NYSE: KAR) shares climbed 39.2% to $19.05 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral.
Companies Reporting Before The Bell
• ACM Research (NASDAQ:ACMR) is estimated to report quarterly earnings at $0.64 per share on revenue of $89.53 million.
Granite Construction (NYSE:GVA) is set to give its latest quarterly earnings report on Friday, 2022-02-25. Here's what investors need to know before the announcement.
Analysts estimate that Granite Construction will report an earnings per share (EPS) of $0.36.
Granite (NYSE:GVA) announced today that Sand Ridge Constructors, a joint venture of Granite and W.W. Clyde & Co., has been awarded the $16.5 million construction manager portion of the 5600 South Progressive Design