Granite Construction’s (NYSE:GVA) Q4 Sales Beat Estimates, Full-Year Outlook Slightly Exceeds ExpectationsConstruction and construction materials company Granite Construction (
NYSEGVA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.7% year on year to $977.3 million. The company’s full-year revenue guidance of $4.3 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $1.23 per share was in line with analysts’ consensus estimates.
Granite Reports Fourth Quarter and Fiscal Year 2024 Results
Granite Construction Incorporated (
NYSEGVA) today announced results for the quarter and year ended December 31, 2024.
Earnings To Watch: Granite Construction (GVA) Reports Q4 Results TomorrowConstruction and construction materials company Granite Construction (
NYSEGVA)
will be reporting earnings tomorrow before market open. Here’s what to look for.
Granite’s $78 Million Road Congestion Relief Project in Anaheim, California
Granite (
NYSEGVA) has been awarded a $78 million infrastructure project by the California Department of Transportation (Caltrans) in Orange County, California. Project funding is to come from state and federal sources and will be included in Granite’s first-quarter CAP.
Granite/Lehman-Roberts Leader Pat Nelson Elected 2025 NAPA Chairman
Granite (
NYSEGVA) Regional Vice President and President of Lehman-Roberts Company, Pat Nelson, has been elected National Asphalt Pavement Association’s (NAPA) 2025 Chairman of the Board. Pat’s term began by taking the Oath of Office at NAPA’s Annual Meeting on February 3.
Granite Announces Timing of Earnings Release and Investor Conference Call
Granite Construction Incorporated (
NYSEGVA) will release financial results for the quarter ended December 31, 2024, before market opens on Thursday, February 13, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 13, 2025.
Granite Announces $88 Million Highway Safety Enhancement Project Near Lake Elsinore, California
Granite (
NYSEGVA) has been awarded an approximately $88 million contract by the California Department of Transportation (Caltrans) to improve a section of Ortega Highway State Route 74 (SR 74). Project funding will come from state and federal sources and the project will be included in Granite’s first-quarter CAP.
Granite Announces $71 Million Rail Yard Expansion Project at Fort Bliss, Texas
Granite (
NYSEGVA) has been awarded an approximately $71 million contract by the United States Army Corps of Engineers to expand and update the rail yard at Fort Bliss in El Paso, TX. Project funding is to come from federal sources and was included in Granite’s 2024 third-quarter CAP.
Granite’s Pat Kelly Elected President of AGC of California for 2025
Granite (
NYSEGVA) Vice President of Operational Excellence, Pat Kelly, has been elected president of the Associated General Contractors (AGC) of California for the year 2025. This appointment recognizes Pat’s extensive experience and dedication to the construction industry.
A Look Back at Construction and Maintenance Services Stocks’ Q3 Earnings: Granite Construction (NYSE:GVA) Vs The Rest Of The PackQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Granite Construction (
NYSEGVA) and the best and worst performers in the construction and maintenance services industry.
Two Reasons to Watch GVA and One to Stay CautiousWhat a fantastic six months it’s been for Granite Construction. Shares of the company have skyrocketed 46%, hitting $91.78. This performance may have investors wondering how to approach the situation.
Granite Declares Quarterly Dividend
Granite (
NYSEGVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2025, to all shareholders of record at the close of business on December 31, 2024.
Granite Named One of Newsweek’s America’s Most Responsible Companies for the Third Consecutive Year
Granite (
NYSEGVA) has been listed by Newsweek as one of America’s Most Responsible Companies in 2025. Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider, present this award to recognize companies for their commitment to doing the right thing for people, the planet, and their communities.
Unpacking Q3 Earnings: WillScot Mobile Mini (NASDAQ:WSC) In The Context Of Other Construction and Maintenance Services StocksLet’s dig into the relative performance of WillScot Mobile Mini (
NASDAQWSC) and its peers as we unravel the now-completed Q3 construction and maintenance services earnings season.
Q3 Rundown: MYR Group (NASDAQ:MYRG) Vs Other Construction and Maintenance Services StocksWrapping up Q3 earnings, we look at the numbers and key takeaways for the construction and maintenance services stocks, including MYR Group (
NASDAQMYRG) and its peers.
Granite Announces Phase 1 of the $425 Million Mosaic Quarter Development in Tucson, Arizona
Granite (
NYSEGVA) announced that it has been awarded the civil scope of work for Phase 1 of the Mosaic Quarter project, an approximately $27 million subcontract for general contractor Hensel Phelps. Mosaic Quarter is a sports and entertainment-focused lifestyle center, serving as a destination point for residents and visitors. It features state-of-the-art venues for entertainment, recreational and collegiate sports, including ice hockey, basketball, soccer, and much more.
Granite Construction (NYSE:GVA) Reports Sales Below Analyst Estimates In Q3 EarningsConstruction and construction materials company Granite Construction (
NYSEGVA) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 14.2% year on year to $1.28 billion. The company’s full-year revenue guidance of $3.95 billion at the midpoint also came in 1.5% below analysts’ estimates. Its non-GAAP profit of $2.05 per share was 16.8% below analysts’ consensus estimates.
Granite Reports Third Quarter 2024 Results
Granite Construction Incorporated (
NYSEGVA) today announced results for the quarter ended September 30, 2024.
Granite Construction (GVA) To Report Earnings Tomorrow: Here Is What To ExpectConstruction and construction materials company Granite Construction (
NYSEGVA)
will be reporting earnings tomorrow before market hours. Here’s what to expect.
Granite Announces $42 Million P-928 Relay Ground Station Project in Guam
Granite (
NYSEGVA) announced an approximately $42 million design-build contract by Naval Facilities Engineering Systems Command (NAVFAC) for a sitework and infrastructure project related to the Relay Ground Station-Asia (RGS-A) program at Naval Base Guam. Project funding is to come from federal sources and was included in Granite’s third-quarter backlog.
Granite's Southeast Home Market Expansion
Granite (
NYSEGVA) continues to expand its home market strategy in the Southeast through various projects, leveraging its recent acquisitions of Lehman-Roberts, Memphis Stone & Gravel (MSG), and Dickerson & Bowen Inc. (D&B).
Granite Announces Pavement Rehabilitation Project on SR 99 in Tulare, California
Granite (
NYSEGVA) has been awarded an approximately $21 million contract by the California Department of Transportation (Caltrans) to rehabilitate three miles of pavement on both the northbound and southbound lanes of State Route 99 (SR 99) through Tulare, California. Project funding is to come from federal sources and was included in Granite’s third-quarter CAP.
