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Stock Market & Financial Investment News

News Breaks
February 28, 2013
08:52 EDTGVAGranite Construction reports Q4 EPS 46c, consensus 63c
Reports Q4 revenue $504.8M, consensus $609.91M.
News For GVA From The Last 14 Days
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March 19, 2015
08:38 EDTGVAGranite Construction says financial close achieved in $899M project
Granite Construction announced that Financial Close has been achieved on the $899M Pennsylvania Rapid Bridge Replacement Project, the first public-private partnership to bundle multiple bridges in a single procurement in the U.S. Granite anticipates booking its 40% share of the contract into backlog in 1Q15. Plenary Group is the project sponsor, financial arranger and primary investor for the Plenary Walsh Keystone Partners consortium, which has been contracted by the Pennsylvania Department of Transportation to deliver the project. The Plenary Walsh Keystone Partners consortium includes The Walsh Group, Granite Construction Company and HDR. Construction is expected to begin in May 2015, with a projected completion date of December 2017.

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