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Great Lakes Dredge & Dock (GLDD) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Company Performance - Great Lakes Dredge & Dock (GLDD) closed at $11.58, reflecting a -1.53% change from the previous day, underperforming the S&P 500's daily loss of 0.84% [1] - Over the past month, GLDD shares have appreciated by 5%, outperforming the Construction sector's loss of 0% and the S&P 500's gain of 1.44% [1] Upcoming Earnings - The company is expected to report an EPS of $0.08, which is a decrease of 27.27% from the prior-year quarter [2] - The consensus estimate for revenue is $174.33 million, indicating a 2.49% growth compared to the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of $0.96 per share and revenue of $816.02 million, representing changes of +14.29% and +6.99% respectively from last year [3] Analyst Estimates - Recent changes to analyst estimates for GLDD are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] Zacks Rank - GLDD currently holds a Zacks Rank of 1 (Strong Buy), which has historically yielded an average annual return of +25% since 1988 [6] Valuation Metrics - GLDD is trading at a Forward P/E ratio of 12.29, which is a discount compared to the industry average Forward P/E of 20.6 [7] - The company has a PEG ratio of 1.02, compared to the industry average PEG ratio of 1.38 [7] Industry Overview - The Building Products - Heavy Construction industry, part of the Construction sector, ranks in the top 2% of all industries according to the Zacks Industry Rank [8]