Q2 Earnings Review: Construction and Maintenance Services Stocks Led by Great Lakes Dredge & Dock (NASDAQ:GLDD) [Yahoo! Finance]
Great Lakes Dredge & Dock Corporation (GLDD)
Last great lakes dredge & dock corporation earnings: 2/19 08:00 am
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US:NASDAQ Investor Relations:
gldd.com
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Source: Yahoo! Finance
Construction and maintenance services companies not only boast technical know-how in specialized areas but also may hold special licenses and permits. Those who work in more regulated areas can enjoy more predictable revenue streams - for example, fire escapes need to be inspected every five years–. More recently, services to address energy efficiency and labor availability are also creating incremental demand. But like the broader industrials sector, construction and maintenance services companies are at the whim of economic cycles as external factors like interest rates can greatly impact the new construction that drives incremental demand for these companies' offerings. The 13 construction and maintenance services stocks we track reported a satisfactory Q2. As a group, revenues missed analysts' consensus estimates by 1% while next quarter's revenue guidance was 2% below. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been runnin
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GLDD
News
- Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock’s Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat’s Significant Boat of the Year AwardGlobeNewswire
- Can Strong Order Flow Extend GLDD Stock's Impressive 65% YTD Surge? [Forbes]Forbes
- Great Lakes Dredge & Dock Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Update: GLDD, November 5 [Forbes]Forbes
GLDD
Earnings
- 11/5/24 - Miss
GLDD
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form SCHEDULE
- 11/14/24 - Form 144
- GLDD's page on the SEC website