Great Lakes Dredge & Dock (GLDD) Expected to Announce Earnings on Tuesday

Key Points

• Great Lakes Dredge & Dock (GLDD) is set to release its Q2 2025 earnings report on August 5th, with analysts expecting earnings of $0.08 per share and revenue of $177.70 million.
• The company's last earnings report showed a significant beat with $0.49 earnings per share and revenue of $242.87 million, exceeding expectations by a notable margin.
• Insider trading activity includes the sale of shares by executives, with SVP Eleni Beyko selling 22,579 shares, indicating potential shifts in insider sentiment.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Tuesday, August 5th. Analysts expect Great Lakes Dredge & Dock to post earnings of $0.08 per share and revenue of $177.70 million for the quarter.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) last announced its earnings results on Tuesday, May 6th. The construction company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.25 by $0.24. The firm had revenue of $242.87 million for the quarter, compared to the consensus estimate of $206.70 million. Great Lakes Dredge & Dock had a net margin of 8.63% and a return on equity of 15.72%. On average, analysts expect Great Lakes Dredge & Dock to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Great Lakes Dredge & Dock Stock Down 5.0%

GLDD stock traded down $0.55 during mid-day trading on Friday, hitting $10.53. 549,697 shares of the company were exchanged, compared to its average volume of 375,791. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.20 and a current ratio of 1.33. Great Lakes Dredge & Dock has a 1-year low of $7.51 and a 1-year high of $12.89. The firm has a market cap of $715.26 million, a P/E ratio of 10.32, a P/E/G ratio of 0.97 and a beta of 1.30. The firm's 50 day simple moving average is $11.50 and its 200 day simple moving average is $10.31.

Insiders Place Their Bets

In related news, SVP Eleni Beyko sold 22,579 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $10.26, for a total transaction of $231,660.54. Following the completion of the sale, the senior vice president owned 50,138 shares of the company's stock, valued at $514,415.88. This represents a 31.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ronald Steger sold 5,000 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $11.59, for a total transaction of $57,950.00. Following the sale, the director directly owned 20,404 shares of the company's stock, valued at $236,482.36. This represents a 19.68% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GLDD. Royal Bank of Canada raised its stake in Great Lakes Dredge & Dock by 9.9% during the first quarter. Royal Bank of Canada now owns 35,035 shares of the construction company's stock worth $305,000 after acquiring an additional 3,169 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Great Lakes Dredge & Dock in the first quarter valued at approximately $304,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Great Lakes Dredge & Dock by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,190 shares of the construction company's stock valued at $341,000 after buying an additional 1,653 shares during the period. Empowered Funds LLC acquired a new position in shares of Great Lakes Dredge & Dock in the first quarter valued at approximately $1,726,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Great Lakes Dredge & Dock by 1.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 246,766 shares of the construction company's stock valued at $2,147,000 after buying an additional 3,042 shares during the period. Institutional investors and hedge funds own 89.11% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Great Lakes Dredge & Dock from a "hold" rating to a "buy" rating in a research report on Monday, May 19th.

Great Lakes Dredge & Dock Company Profile

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.