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News Breaks
July 14, 2014
09:01 EDTGVAGranite Construction names Miller COO
Granite Construction announced that Christopher Miller has been appointed executive vice president and COO, effective August 4. In his role, Miller will be responsible for overseeing the day-to-day operations of the company. Prior to joining Granite, Miller held a number of executive positions at CH2M HILL.
News For GVA From The Last 14 Days
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February 27, 2015
08:03 EDTGVAGranite Construction reports Q4 EPS 43c, may not compare to consensus 70c
Reports Q4 revenue $589.8M, may not compare to consensus $713.96M. The company says, "Granite is positioned well to execute on our more than $2.7 billion of backlog, with several additional awards pending for the first quarter. In 2014, our margins improved in all segments of our business. We expect to grow revenue steadily in the current environment, and we are confident that additional margin improvement in 2015 will be aligned to continued efficiency gains."
February 20, 2015
10:01 EDTGVAOn The Fly: Analyst Downgrade Summary
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05:42 EDTGVAGranite Construction downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Granite Construction to Neutral saying increased competition could slow the company's margin growth. Goldman cut its price target for shares to $42 from $47.

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