Welcome to our dedicated page for Granite Constr news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Constr stock.
Granite Construction Inc (GVA) delivers essential infrastructure solutions through heavy civil construction and innovative project delivery methods. This news hub provides investors and industry professionals with direct access to the company's official announcements, financial disclosures, and operational updates.
Discover timely information on quarterly earnings, major project awards, and strategic initiatives that shape GVA's position in transportation, water infrastructure, and materials markets. Our curated collection includes regulatory filings, leadership updates, and partnership announcements critical for assessing the company's market trajectory.
Key updates cover public sector contracts, safety milestones, and sustainability efforts across Granite's nationwide operations. Bookmark this page to monitor developments in design-build projects, materials innovations, and compliance with evolving infrastructure regulations.
Granite (NYSE:GVA) supports the inaugural Construction Inclusion Week from
Granite Construction Incorporated (NYSE: GVA) will announce its third quarter 2021 financial results on October 28, 2021, before the market opens. An investor conference call is scheduled for 8:00 a.m. PT on the same day, accessible via a live audio webcast on their Investor Relations website or by phone. A replay will be available until November 4, 2021.
Granite, a leader in diversified construction and materials in the U.S., focuses on transportation, water infrastructure, and mineral exploration markets.
Granite Construction Incorporated (NYSE: GVA) has declared a quarterly cash dividend of
Granite (NYSE:GVA) has secured the DBB1 contract from the Tucson Airport Authority, contributing to the Airfield Safety Enhancements program at Tucson International Airport. This approximately $25.7 million contract marks Granite's 14th project at TUS in 10 years and will be part of their third-quarter commitments. The project aims to enhance airfield safety and access for the Air National Guard, with work including taxiway construction, drainage, and pavement markings. Project initiation is slated for October 2021, with completion expected in January 2023.
Granite (NYSE:GVA) has secured a $64 million contract for the Jurupa Road Grade Separation project from the Riverside County Transportation Department in California. This contract is part of Granite’s second quarter committed and awarded projects. The work involves separating Jurupa Road from the Union Pacific Railroad, aimed at enhancing community safety by reducing traffic congestion and emergency vehicle response times. Construction is set to start in August 2021 and finish by August 2023.
Granite Construction (NYSE: GVA) reported a significant net income increase to $54.5 million ($1.14 per diluted share) for Q2 2021, up from $3.4 million ($0.07 per diluted share) last year. Revenue rose 5.3% to $964.2 million, with adjusted net income reaching $42.3 million ($0.91 per diluted share). Gross profit increased to $116.9 million, while SG&A expenses decreased to 7.7% of revenue. Committed and Awarded Projects totaled $4.4 billion. The company remains optimistic with a reaffirmed 2021 growth outlook of low- to mid-single digits.
Granite Construction (NYSE: GVA) is set to release its Q2 2021 financial results on July 29, 2021, before market opening. An investor conference call is scheduled for the same day at 9:00 a.m. PT, accessible via a live audio webcast on the company's Investor Relations website or by phone. The call will include a replay option until August 5, 2021. Granite is a significant player in the construction and materials sector, focusing on infrastructure projects across the U.S., and operates under strong ethical standards, emphasizing safety and sustainability.
FAQ
What is the current stock price of Granite Constr (GVA)?
What is the market cap of Granite Constr (GVA)?
