Edition:
United Kingdom

Granite Construction Inc (GVA.N)

GVA.N on New York Stock Exchange

57.14USD
22 Jun 2018
Change (% chg)

$-0.59 (-1.02%)
Prev Close
$57.73
Open
$58.23
Day's High
$58.42
Day's Low
$57.13
Volume
163,825
Avg. Vol
110,258
52-wk High
$68.56
52-wk Low
$46.92

Latest Key Developments (Source: Significant Developments)

Layne Christensen Stockholders Approve Merger Agreement With Granite Construction
Wednesday, 13 Jun 2018 

Layne Christensen Co ::LAYNE CHRISTENSEN STOCKHOLDERS APPROVE MERGER AGREEMENT WITH GRANITE CONSTRUCTION.LAYNE CHRISTENSEN CO - CLOSING OF TRANSACTION IS EXPECTED TO OCCUR ON JUNE 14, 2018.LAYNE CHRISTENSEN CO - AT CO'S SPECIAL MEETING, ABOUT 92% OF ALL SHARES VOTED WERE CAST IN FAVOR OF ADOPTING MERGER AGREEMENT WITH GRANITE.  Full Article

Granite Reports Q1 Loss Per Share $0.29
Monday, 30 Apr 2018 

April 30 (Reuters) - Granite Construction Inc ::GRANITE REPORTS FIRST QUARTER 2018 RESULTS.Q1 LOSS PER SHARE $0.29.Q1 REVENUE $563.4 MILLION VERSUS I/B/E/S VIEW $529.9 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.35 -- THOMSON REUTERS I/B/E/S.Q1 LOSS PER SHARE $0.13 EXCLUDING ITEMS.AT QUARTER-END, COMPANY BACKLOG OF $3.59 BILLION UP 4.4 PERCENT YEAR-OVER-YEAR.SEES LOW-DOUBLE DIGIT CONSOLIDATED REVENUE GROWTH FOR 2018.  Full Article

Granite Announces Planned Retirement Of Chief Financial Officer
Monday, 23 Apr 2018 

April 23 (Reuters) - Granite Construction Inc ::GRANITE ANNOUNCES PLANNED RETIREMENT OF CHIEF FINANCIAL OFFICER.GRANITE CONSTRUCTION INC - KRZEMINSKI WILL CONTINUE IN HER ROLE AS CFO UNTIL HER SUCCESSOR IS APPOINTED.  Full Article

Granite, Parsons and Corman awarded $410 mln interstate widening and bridge project in Virginia
Monday, 6 Nov 2017 

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 

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 

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 Q3 earnings per share $0.92
Friday, 28 Oct 2016 

Granite Construction Inc : Granite reports third quarter 2016 results . Q3 earnings per share $0.92 . Q3 revenue $803.9 million versus I/B/E/S view $826.5 million . Q3 earnings per share view $0.98 -- Thomson Reuters I/B/E/S . Quarter end contract backlog of $3.8 billion, up 21.9 percent year-over-year . Sees mid-single digit consolidated revenue growth for 2016 . Sees FY consolidated EBITDA margin of 6% to 8% . Says continue to anticipate increased infrastructure investment in 2017 and beyond .FY 2016 revenue view $2.56 billion -- Thomson Reuters I/B/E/S.  Full Article

Granite awarded $875 million joint venture design-build transit project in Hawaii
Monday, 26 Sep 2016 

: Granite Construction - Build transit project in Hawaii . Granite Construction - JV team comprised of Granite Construction , Shimmick Construction and Traylor Bros has been awarded airport guideway and stations design-build contract by honolulu authority for rapid transportation .Granite Consrtuction - Says company will book its 33% share of $875 million joint venture project into backlog during Q3 of 2016..  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