GLDD Shares Up by 2 Pct (USA)

Business & Finance

GLDD Shares Up by 2 Pct

Shares of Great Lakes Dredge & Dock Corporation have gone up 2% since it reported its fourth-quarter and full-year 2013 earnings, according to propertymentorgroup.com.

2013 earnings per share of 33 cents, increased three fold from the year-ago earnings of 11 cents, in line with the Zacks Consensus Estimate.

The dredging services provider reported earnings per share of 8 cents in the fourth quarter, down 11% from 9 cents in the year-ago quarter, but ahead of the Zacks Consensus Estimate of 6 cents per share.

Great Lakes Dredge & Dock Corporation stock hit highest price at $8.36, beginning with a price of $8.21 and increased 0.61% to the close at $8.26 with day range of $8.09 – $8.36.

The total market capitalization of the stock is $492.50 million.

[mappress]

March 4, 2014