Great Lakes Dredge & Dock (GLDD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.3 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.29 per share a year ago.
GLDD gears up for Q4 earnings as strong backlog and dredging demand lift revenues, but margins may feel pressure from dry-docking costs.
Great Lakes Dredge & Dock (GLDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Great Lakes Dredge & Dock (GLDD) reached $15.46 at the closing of the latest trading day, reflecting a +2.25% change compared to its last close.
Great Lakes Dredge & Dock Keeps Digging Up Value (Rating Upgrade)
Great Lakes Dredge & Dock Corporation is rated Buy, driven by strong revenue visibility, a high-quality backlog, and margin expansion catalysts. GLDD's $1.1 billion effective backlog covers 15 months of revenue, with 84% in higher-margin capital dredging and coastal protection projects. Fleet renewal is improving margins and efficiency, with new vessels already expanding gross margin by over 300 bps year-over-year in Q3 2025.
Great Lakes Dredge & Dock (GLDD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The latest trading day saw Great Lakes Dredge & Dock (GLDD) settling at $14.89, representing a -3.37% change from its previous close.
The latest trading day saw Great Lakes Dredge & Dock (GLDD) settling at $15.41, representing a -2.16% change from its previous close.
Great Lakes Dredge & Dock (GLDD) closed at $14.95 in the latest trading session, marking a -3.17% move from the prior day.
Great Lakes Dredge & Dock (GLDD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.