Earnings Summary

Granite Construction Incorporated’s revenue jumped 20.03% since last year same period to $672.28Mn in the Q1 2024. On a quarterly growth basis, Granite Construction Incorporated has generated -28% fall in its revenue since last 3-months.

Granite Construction Incorporated’s net profit fell -20.22% since last year same period to $-30.98Mn in the Q1 2024. On a quarterly growth basis, Granite Construction Incorporated has generated -219.17% fall in its net profits since last 3-months.

Granite Construction Incorporated’s net profit margin fell -0.15% since last year same period to -4.61% in the Q1 2024. On a quarterly growth basis, Granite Construction Incorporated has generated -265.52% fall in its net profit margins since last 3-months.

Granite Construction Incorporated’s price-to-earnings ratio after this Q1 2024 earnings stands at 82.98.

Granite Construction Incorporated’s earning per share (EPS) estimates for the current quarter stand at 1.39 - a 497.14% jump from last quarter’s estimates.

Granite Construction Incorporated’s earning per share (EPS) estimates for the current year stand at 1.39.

Granite Construction Incorporated’s earning per share (EPS) jumped 48.78% since last year same period to -0.21 in the Q1 2024. This indicates that the Granite Construction Incorporated has generated 48.78% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Granite Construction Incorporated’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Granite Construction Incorporated’s return on equity (ROE) stands at 0.03.

Granite Construction Incorporated declared 0.13 dividend per share during the earnings announcement for Q1 2024.