Granite Construction Q4 2023 earnings missed estimates at $0.82 EPS, leading to a share price drop.
Granite Construction (NYSE:GVA) reported Q4 2023 earnings of $0.82 EPS, missing analysts' estimates of $0.84 by $0.02. The company generated revenue of $933.70M, with a net margin of 1.24% and a return on equity of 14.15%. Granite Construction's share price dropped after the earnings miss, with a 50-day moving average of $48.21 and a 200-day moving average of $43.77.
February 23, 2024
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