Granite Construction (NYSE:GVA) reported Q2 EPS of $0.38, $0.24 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $768 million versus the consensus estimate of $838.22 million.
GUIDANCE:
For the 2022 fiscal year, the Company is revising adjusted EBITDA margin guidance to a range of 5.5% - 6.5% from a range of 6% - 8%.