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Great Lakes Dredge & Dock's Shares Climb After Q2 Earnings, Revenue Rise
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Great Lakes Dredge & Dock's Shares Climb After Q2 Earnings, Revenue Rise
Aug 6, 2024 12:03 PM

02:58 PM EDT, 08/06/2024 (MT Newswires) -- Great Lakes Dredge & Dock ( GLDD ) shares rose 5.4% in recent trading Tuesday after the engineering and construction company posted Q2 results that topped estimates by analysts.

Earnings in the quarter ended June 30 climbed to $0.11 per diluted share from $0.03 a year earlier, the company said Tuesday. Three analysts polled by Capital IQ expected $0.03.

Revenue rose to $170.1 million from $132.7 million a year earlier.

Three analysts surveyed by Capital IQ expected $164.3 million.

Price: 8.54, Change: +0.44, Percent Change: +5.43

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