Granite Construction Q2 2024 Adj. EPS $1.73 Beats $1.39 Estimate, Sales $1.082B Beat $1.008B Estimate
Portfolio Pulse from Benzinga Newsdesk
Granite Construction (NYSE:GVA) reported Q2 2024 adjusted EPS of $1.73, beating the $1.39 estimate. Sales were $1.082 billion, surpassing the $1.008 billion estimate and marking a 20.42% increase from the same period last year.
August 01, 2024 | 10:48 am
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Granite Construction reported strong Q2 2024 results with EPS of $1.73 beating estimates by 24.46% and sales of $1.082 billion exceeding expectations by 7.29%. Sales increased by 20.42% YoY.
The strong earnings and revenue beat, along with significant year-over-year sales growth, are likely to positively impact Granite Construction's stock price in the short term.
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