Granite Construction shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY23 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Granite Construction reported better-than-expected Q3 financial results and issued FY23 revenue guidance, leading to a rise in its share prices.
October 31, 2023 | 2:52 pm
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Granite Construction's better-than-expected Q3 results and FY23 revenue guidance have led to an increase in its share prices.
Granite Construction's strong Q3 results indicate a positive financial performance, which is a key factor investors consider when buying shares. The company's FY23 revenue guidance also provides a positive outlook, which can further boost investor confidence and drive up share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100