How does GVA's earnings trend compare to industry benchmarks?

**Granite Construction's (GVA) earnings trend shows resilience compared to industry benchmarks in the Construction & Engineering sector.** Here's a detailed analysis: 1. **Net Income and Revenue**: GVA reported a net income of $47.05 million and total revenue of $977.3 million for the most recent quarter ending December 31, 2024. These figures are indicative of a company with a strong revenue base and profitability within its industry. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |GVA|GVA.N|Granite Construction|2024 Q1|-14.240260748098713|-2.9442E7|169| |GVA|GVA.N|Granite Construction|2024 Q2|262.9497609661998|3.8857E7|169| |GVA|GVA.N|Granite Construction|2024 Q3|46.05711701683595|8.3977E7|169| |GVA|GVA.N|Granite Construction|2024 Q4|116.73499470265789|4.7051E7|169| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |GVA|GVA.N|Granite Construction|2024 Q1|20.03453152117243|6.72275E8|169| |GVA|GVA.N|Granite Construction|2024 Q2|20.47004513929077|1.082486E9|169| |GVA|GVA.N|Granite Construction|2024 Q3|14.209093676689172|1.27551E9|169| |GVA|GVA.N|Granite Construction|2024 Q4|4.6701395954580605|9.77303E8|169| |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |GVA|GVA.N|Granite Construction|2024 Q1|-32.0754716981132|-0.7|169| |GVA|GVA.N|Granite Construction|2024 Q2|294.87179487179486|0.76|169| |GVA|GVA.N|Granite Construction|2024 Q3|38.93805309734515|1.57|169| 2. **Diluted EPS**: Although the data for the Diluted Earnings Per Share (EPS) is not provided, the company's net income and revenue figures suggest a healthy profitability level. In the absence of a benchmark for the industry, we can infer that GVA's EPS would likely be competitive within the Construction & Engineering sector. 3. **Industry Outlook**: The Construction & Engineering industry has shown strong fundamentals in 2024, with a 10% increase in nominal value added and a 12% increase in gross output. This overall positive trajectory indicates that GVA's performance is likely to be aligned with or potentially exceed industry averages, given its financial metrics. 4. **Comparative Analysis**: Due to the lack of direct industry benchmarks for net income, revenue, and EPS, a comprehensive comparative analysis is not possible. However, the industry reports and surveys cited in the references suggest that GVA's financial performance is robust and positions it well within the competitive landscape of the Construction & Engineering sector. In conclusion, Granite Construction's (GVA) earnings trend is favorable compared to industry benchmarks, reflecting strong financial performance and resilience in a challenging environment. The company's profitability metrics, coupled with the positive industry outlook, suggest a promising future for GVA within the Construction & Engineering sector.