earnings
confidence high
sentiment neutral
materiality 0.65
Granite Construction Q1 revenue +4% to $700M, adjusted EPS $0.01, record CAP $5.7B
GRANITE CONSTRUCTION INC
2025-Q1 EPS reported
-$0.77
revenue$699,547,000
- Revenue $700M (+4% YoY); net loss $(0.77)/share vs $(0.70) loss prior year.
- Adjusted diluted EPS $0.01 vs $(0.21) loss; adjusted EBITDA $28M vs $14M.
- Record CAP $5.7B (+$444M sequentially); Construction gross margin 13.9%.
- FY2025 guidance reaffirmed: revenue $4.2-4.4B, adj. EBITDA margin 11-12%.
- SG&A $116M (16.6% revenue) up $28M YoY, driven by $18M higher stock-based comp.