Investing.com - Great Lakes Dredge&Dock reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Great Lakes Dredge&Dock announced earnings per share of $-0.15 on revenue of $158.3M. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $174.97M.
Great Lakes Dredge&Dock shares are down 37% from the beginning of the year, still down 58.26% from its 52 week high of $16.27 set on January 4.
Great Lakes Dredge&Dock follows other major Industrials sector earnings this month
Great Lakes Dredge&Dock's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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