Great Lakes Dredge & Dock (GLDD) Beats Q1 Earnings and Revenue Estimates

Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of$ 0.25 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 96%. A quarter ago, it was expected that this provider of dredging and dock-contracting services would post earnings of$ 0.21 per share when it actually produced earnings of $0.29, delivering a surprise o ...