Granite Construction (GVA) to Release Quarterly Earnings on Friday

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Granite Construction (NYSE:GVA) is scheduled to be posting its Q214 quarterly earnings results on Friday, August 1st. Analysts expect Granite Construction to post earnings of $0.25 per share and revenue of $640.16 million for the quarter.

Granite Construction (NYSE:GVA) opened at 33.83 on Thursday. Granite Construction has a 52 week low of $27.88 and a 52 week high of $40.55. The stock’s 50-day moving average is $35.57 and its 200-day moving average is $36.18. The company’s market cap is $1.323 billion.

GVA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Granite Construction from an “underperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $34.60 price target on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $35.40.

Granite Construction Incorporated is a diversified heavy civil contractors and construction materials producers in the United States.

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