Stocks with higher earnings yields are undervalued, while lower yields suggest overpricing. WWW, PRAA, GLDD and KRO are strong value picks due to their earnings yield strength.
Strong bidding ability and project execution position GLDD well for the remainder of 2024 and beyond.
Great Lakes Dredge & Dock (GLDD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD ) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Tina Baginskis - Director, IR Lasse Petterson - President and CEO Scott Kornblau - CFO Conference Call Participants Adam Thalhimer - Thompson Davis John Tanwanteng - CJS Securities Julio Romero - Sidoti & Company Joe Gomes - NOBLE Capital Operator Good day, and thank you for standing by. Welcome to the Q2 2024 Great Lakes Dredge & Dock Earnings Conference Call.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Great Lakes Dredge & Dock (GLDD) and PulteGroup (PHM) have performed compared to their sector so far this year.
OPFI, GLDD and STRL made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 9, 2024.
Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.03 per share a year ago.
Great Lakes' (GLDD) second-quarter 2024 results are likely to showcase solid performance across all its dredging work types. Yet, high expenses are likely to partially hinder prospects.
Great Lakes Dredge & Dock (GLDD) concluded the recent trading session at $9.46, signifying a +0.21% move from its prior day's close.
Great Lakes Dredge & Dock (GLDD) reachead $9.44 at the closing of the latest trading day, reflecting a +0.21% change compared to its last close.