Granite (GVA) Q2 EPS Jumps 27%
Granite Construction (NYSE:GVA), a leading provider of infrastructure solutions across the United States, released its Q2 2025 earnings on August 7, 2025. The company reported adjusted earnings per share of $1.93, decisively beating analyst estimates of $1.51 (non-GAAP), while revenue (GAAP) reached $1.13 billion, slightly missing the $1.16 billion GAAP consensus. The period saw continued improvement in profitability, largely from gains in construction and materials margins, against a backdrop of record order backlog and rising operating expenses. Overall, the quarter was marked by strong execution and strategic progress, though top-line growth lagged behind expectations, as GAAP revenue of $1.13 billion was 2.2% below analyst estimates.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Granite Construction specializes in large-scale civil construction and materials production, serving both public and private infrastructure projects. The company operates two core businesses: construction, focused on heavy civil and transportation projects like highways and bridges, and materials, which supplies aggregates and asphalt essential to those projects.
Source Fool.com
