Great Lakes Dredge & Dock Q4 EPS $0.30 Beats by 50%, Revenues Top by 17%
Great Lakes Dredge & Dock reported adjusted Q4 EPS of $0.30, topping the $0.20 estimate and rising from $0.29 a year ago for a 51.9% surprise. Revenues climbed 26.4% year-over-year to $256.5 million, 17.3% above consensus, fueling a 28.7% YTD share gain versus the S&P 500’s 0.9%.
1. Q4 Results Exceed Estimates
Great Lakes Dredge & Dock reported adjusted earnings of $0.30 per share for Q4, surpassing consensus by $0.10 and marking a 51.9% surprise. Revenue reached $256.5 million, up from $202.8 million a year ago and 17.3% above the $218.7 million estimate.
2. Year-to-Date Stock Performance
Shares have climbed 28.7% since January 1, outperforming the S&P 500’s 0.9% gain. The strong YTD rally reflects growing investor confidence following consecutive quarterly beats.
3. Analyst Estimates and Outlook
Consensus forecasts call for $0.39 EPS on $234.1 million revenue in Q1 2026 and $1.10 EPS on $898.2 million for the full fiscal year. Recent estimate revisions left the stock with a near-term Zacks Rank #4, indicating potential underperformance.
4. Industry and Competitive Context
Operating in the Heavy Construction sector, the company sits in the bottom 41% of 250 industries by Zacks Industry Rank. Continued government infrastructure spending and offshore energy contracts will be key drivers amid industry headwinds.