10:11 AM EDT, 05/01/2025 (MT Newswires) -- Granite Construction ( GVA ) reported Thursday its Q1 swung to adjusted earnings of $0.01 per diluted share from a loss of $0.21 a year earlier.

Two analysts polled by FactSet expected a loss of $0.46.

Revenue for the quarter ended March 31 was $699.5 million, up from $672.3 million a year earlier.

Three analysts surveyed by FactSet expected $706.2 million.

For 2025, the company said it continues to expect revenue of $4.2 billion to $4.4 billion. Four analysts polled by FactSet expect $4.29 billion.

Shares of Granite Construction ( GVA ) were down 1.5% in recent trading.

Price: 80.04, Change: -1.25, Percent Change: -1.54