Granite reported a Q1 net loss attributable to the company of $42 million, or $0.96 per share, versus a $34 million loss, or $0.77 per share, a year earlier. Adjusted net income was $12 million, or $0.26 per share, indicating some underlying profitability despite the GAAP loss. The print suggests mixed fundamentals with year-over-year deterioration in reported earnings.
Granite reported a Q1 net loss attributable to the company of $42 million, or $0.96 per share, versus a $34 million loss, or $0.77 per share, a year earlier. Adjusted net income was $12 million, or $0.26 per share, indicating some underlying profitability despite the GAAP loss. The print suggests mixed fundamentals with year-over-year deterioration in reported earnings.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
Ticker Sentiment
