Great Lakes Dredge & Dock
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Great Lakes Dredge & Dock's revenues will grow 15.1% and EPS will expand 14.3%.
The average estimate for revenue is $191.6 million. On the bottom line, the average EPS estimate is $0.08.
Revenue details
Last quarter, Great Lakes Dredge & Dock booked revenue of $188.8 million. GAAP reported sales were 22% higher than the prior-year quarter's $154.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
EPS details
Last quarter, EPS came in at $0.01. GAAP EPS of $0.01 for Q1 were 50% lower than the prior-year quarter's $0.02 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Recent performance
For the preceding quarter, gross margin was 13.7%, 80 basis points better than the prior-year quarter. Operating margin was 4.4%, much about the same as the prior-year quarter. Net margin was 0.2%, 50 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $774.2 million. The average EPS estimate is $0.32.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 157 members out of 168 rating the stock outperform, and 11 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Great Lakes Dredge & Dock a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Great Lakes Dredge & Dock is outperform, with an average price target of $8.50.
If you're interested in companies like Great Lakes Dredge & Dock, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.
- Add Great Lakes Dredge & Dock to My Watchlist.