Earnings Outlook For Great Lakes Dredge & Dock

Great Lakes Dredge & Dock GLDD is set to give its latest quarterly earnings report on Tuesday, 2021-11-02. Here's what investors need to know before the announcement.

Analysts estimate that Great Lakes Dredge & Dock will likely report an Earnings Per Share (EPS) of $0.26

Great Lakes Dredge & Dock bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed on EPS by -82.35%, which was followed by a 1.44% drop in the share price the next day.

Here's a look at Great Lakes Dredge & Dock's past performance and the resulting price change:

Stock Performance

Shares of Great Lakes Dredge & Dock were trading at $15.22 as of October 29. Over the last 52-week period, shares are up 46.15%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here