Granite Construction Q3 Adj. EPS $2.70 Beats $2.50 Estimate, Sales $1.433B Miss $1.484B Estimate

Granite Construction (NYSE:GVA) reported quarterly earnings of $2.70 per share which beat the analyst consensus estimate of $2.50 by 7.87 percent. This is a 31.71 percent increase over earnings of $2.05 per share from the same period last year. The company reported quarterly sales of $1.433 billion which missed the analyst consensus estimate of $1.484 billion by 3.41 percent. This is a 12.30 percent increase over sales of $1.276 billion the same period last year.