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• Great Lakes Dredge & Dock Corp GLDD.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of four analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -1 cents to 4 cents per share.

• Revenue rose 28.2% to $170.09 million from a year ago; analysts expected $165.10 million.

• Great Lakes Dredge & Dock Corp's reported EPS for the quarter was 11 cents​.

• The company reported quarterly income of $7.67 million.

• Great Lakes Dredge & Dock Corp shares had fallen by 7.7% this quarter and gained 5.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 83.3% in the last three months.​

• In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," "hold" and "sell" or "strong sell."

• The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for Great Lakes Dredge & Dock Corp is $13.50

This summary was machine generated from LSEG data August 6 at 02:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)