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Granite Construction Inc (GVA.N)

GVA.N on New York Stock Exchange

42.97USD
14 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Granite Reports Q2 Loss Per Share $0.20
Wednesday, 8 Aug 2018 06:55am EDT 

Aug 8 (Reuters) - Granite Construction Inc ::GRANITE REPORTS SECOND QUARTER 2018 RESULTS.Q2 LOSS PER SHARE $0.20.Q2 REVENUE ROSE 5.8 PERCENT TO $807.1 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.43 EXCLUDING ITEMS.AT QUARTER END, COMPANY BACKLOG OF $3.65 BILLION, DOWN 10.1 PERCENT YEAR-OVER-YEAR.EXPECTATIONS FOR 2018, INCLUDING ACQUISITIONS, ARE MID- TO HIGH-TEENS CONSOLIDATED REVENUE GROWTH.  Full Article

Granite Subsidiary Awarded $39 Mln Interstate Improvement Contract In Chicago
Tuesday, 10 Jul 2018 05:30pm EDT 

July 10 (Reuters) - Granite Construction Inc ::GRANITE SUBSIDIARY AWARDED $39 MILLION INTERSTATE IMPROVEMENT CONTRACT IN CHICAGO.GRANITE CONSTRUCTION INC - CONTRACT WILL BE INCLUDED IN GRANITE'S Q2 2018 BACKLOG.  Full Article

Cetus Capital III LP Says Intends To Vote Against Proposed Deal To Acquire Layne Christensen By Granite Construction
Tuesday, 20 Mar 2018 09:10am EDT 

March 20 (Reuters) - Granite Construction Inc ::CETUS CAPITAL III LP SAYS INTENDS TO VOTE AGAINST PROPOSED MERGER DEAL TO ACQUIRE LAYNE CHRISTENSEN CO BY GRANITE CONSTRUCTION - SEC FILING.CETUS CAPITAL III LP-INTENDS TO VOTE AGAINST ANY PROPOSALS PRESENTED TO LAYNE CHRISTENSEN CO STOCKHOLDERS FOR APPROVAL AT UPCOMING SPECIAL MEETING.CETUS CAPITAL III LP SAYS BELIEVES PROPOSED TRANSACTION WITH GRANITE CONSTRUCTION UNDERVALUES LAYNE CHRISTENSEN.CETUS CAPITAL III LP REPORTS 7.8 PERCENT STAKE IN LAYNE CHRISTENSEN CO AS OF MARCH 13.  Full Article

Granite Construction Reports Qtrly Share Of $0.81‍​
Friday, 16 Feb 2018 09:34am EST 

Feb 16 (Reuters) - Granite Construction Inc ::GRANITE CONSTRUCTION INC QTRLY ‍REVENUES $801.3 MILLION , UP 20.2 PERCENT YEAR-OVER YEAR​.GRANITE CONSTRUCTION INC - QTRLY SHARE $0.81‍​.GRANITE CONSTRUCTION INC - SEES HIGH-SINGLE TO LOW-DOUBLE DIGIT CONSOLIDATED REVENUE GROWTH IN 2018‍​.GRANITE CONSTRUCTION INC SEES ‍2018 CONSOLIDATED EBITDA MARGIN OF 7.0% TO 8.0%​.  Full Article

Granite Construction Says Under Deal With Layne Christensen, Co To Receive From Layne Termination Fee Of $16 Mln Under Certain Circumstances
Wednesday, 14 Feb 2018 02:47pm EST 

Feb 14 (Reuters) - Granite Construction Inc ::GRANITE CONSTRUCTION- UNDER DEAL WITH LAYNE CHRISTENSEN, CO TO RECEIVE FROM LAYNE TERMINATION FEE OF $16 MILLION UNDER CERTAIN CIRCUMSTANCES - SEC FILING.  Full Article

Granite, Parsons and Corman awarded $410 mln interstate widening and bridge project in Virginia
Monday, 6 Nov 2017 08:30am EST 

Nov 6 (Reuters) - Granite Construction Inc :Granite/Parsons/Corman team awarded $410 million interstate widening and bridge project in Virginia.Granite Construction Inc - co booked 50 percent share of $410 million joint venture project into backlog during Q3 of 2017​.  Full Article

Granite awarded $28 million light rail sub-contract in Washington
Monday, 30 Oct 2017 05:30pm EDT 

Oct 30 (Reuters) - Granite Construction Inc :Granite awarded $28 million light rail sub-contract in Washington.Granite Construction Inc - ‍contract will be included in Granite's Q3 2017 backlog​.  Full Article

Granite reports Q3 earnings per share of $1.14
Friday, 27 Oct 2017 06:55am EDT 

Oct 27 (Reuters) - Granite Construction Inc :Granite reports third quarter 2017 results.Q3 earnings per share $1.14.Q3 revenue $957.1 million versus I/B/E/S view $905.1 million.Q3 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.Granite construction inc quarter end ‍backlog of $4.23 billion, up 12.5 percent year-over-year​.Granite Construction Inc sees ‍mid- to high-teens consolidated revenue growth in 2017 ​.Granite Construction Inc - sees ‍2017 consolidated EBITDA margin of 6.0% to 6.5%​.FY2017 revenue view $2.90 billion -- Thomson Reuters I/B/E/S.  Full Article

Granite Construction awarded $23 mln runway rehabilitation project in San Diego​
Tuesday, 19 Sep 2017 05:30pm EDT 

Sept 20 (Reuters) - Granite Construction Inc :Granite awarded $23 million runway rehabilitation project in San Diego.Granite Construction Inc - ‍contract will be included in Granite's Q3 2017 backlog​.​.  Full Article

Granite awarded $41 million airport project in Southern California
Thursday, 14 Sep 2017 05:30pm EDT 

Sept 14 (Reuters) - Granite Construction Inc :Granite awarded $41 million airport project in Southern California.Granite Construction Inc - ‍Contract will be included in Granite's Q3 2017 backlog​.Granite Construction Inc- Construction is scheduled to begin in September 2017 and conclude in August 2018.  Full Article

BRIEF-Granite Reports Q1 Loss Per Share $0.29

* Q1 REVENUE $563.4 MILLION VERSUS I/B/E/S VIEW $529.9 MILLION