Great Lakes Dredge & Dock Q4 Sales $181.70M Miss $183.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Great Lakes Dredge & Dock (GLDD) reported Q4 sales of $181.70M, missing the consensus estimate of $183.47M by 0.97%, but marking a 23.89% increase from the same period last year.
February 14, 2024 | 1:01 pm
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NEUTRAL IMPACT
Great Lakes Dredge & Dock reported Q4 sales of $181.70M, slightly missing estimates but showing significant year-over-year growth.
While GLDD missed the sales estimates slightly, the significant year-over-year growth indicates strong operational performance. The miss is minor and may not significantly impact investor sentiment in the short term, hence the neutral score. The high relevance, importance, and confidence scores reflect the direct impact of this news on GLDD and the clear data provided.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100