Earnings Preview: Great Lakes Dredge & Dock
Portfolio Pulse from Benzinga Insights
Great Lakes Dredge & Dock (NASDAQ:GLDD) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $-0.11. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $7.55 as of November 3, with a 52-week increase of 11.04%.
November 06, 2023 | 6:02 pm
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Great Lakes Dredge & Dock is expected to report an EPS of $-0.11 in its upcoming earnings. The company's stock has historically dropped following earnings beats.
The company's stock has shown a pattern of dropping following earnings beats. Given that analysts are predicting a negative EPS, if the company beats this estimate, it could potentially lead to a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100