Granite Construction Incorporated (GVA)

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has secured a contract valued at approximately $24 million from San Bernardino County to replace aging bridges along Route 66 in Amboy, California. Funding comes from state and federal sources, and will be reflected in Granite's third quarter CAP. This project addresses structures that no longer meet modern load-bearing standards and are unable to support today's vehicular traffic volumes and weights safely. The targeted stre.

WATSONVILLE, Calif.--(BUSINESS WIRE)--A Granite (NYSE: GVA) subsidiary, Centennial Aggregate Inc. has acquired Cinderlite Trucking Corporation (“Cinderlite”), a leading construction materials, landscape supply, and transportation company in Carson City, Nevada. “I am happy to announce the acquisition of Cinderlite,” says Granite President and CEO, Kyle Larkin. “It is a great construction materials business that is aligned with our home market strategy in the busy northern Nevada construction la.

Here is how Granite Construction (GVA) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) has secured the No. 1 ranking in Highways on Engineering News-Record (ENR) magazine's 2025 Top Contractors List for the fifth consecutive year. ENR, a leading trade publication in the construction industry, evaluates the largest public and private companies across major market sectors, highlighting the top performers in each category. This continued recognition underscores Granite's leadership and excellence in the highways sector. ENR ra.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is proud to announce that the National Stone, Sand & Gravel Association (NSSGA) has recognized Granite with the Louis Griesemer Sterling Safety Award in Silver, and a total of 10 Awards of Excellence in the categories of Community Relations and Environmental Excellence. This esteemed recognition was conferred during the NSSGA Legislative & Policy Forum, held in Washington DC on September 17, 2025. “It is with great honor that Gran.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced today the appointment of J. Timothy Romer to its Board of Directors, effective September 8, 2025. With nearly four decades of experience in finance and infrastructure, Mr. Romer brings a wealth of expertise to support Granite's strategic growth initiatives. Mr. Romer's distinguished career includes leadership roles at top-tier financial institutions. Mr. Romer spent 30 years in senior roles at Goldman Sachs and Merrill Lynch, l.

Granite Construction (GVA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Granite Construction (GVA) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its wholly owned subsidiary, Layne, A Granite Company, has been awarded an approximately $13 million contract by the Lewis and Clark Regional Water System (LCRWS) to construct two high-capacity horizontal collector wells within an existing wellfield adjacent to the Missouri River near Vermillion, South Dakota. The project is funded by federal and member sources and will be included in Granite's third quarter CAP. “Thi.

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Here is how Granite Construction (GVA) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

Granite Construction Incorporated (GVA) Q2 2025 Earnings Call Transcript

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended June 30, 2025. Second Quarter 2025 Results Net income attributable to Granite totaled $72 million, or $1.42 per diluted share, compared to net income attributable to Granite of $37 million, or $0.76 per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite (2) totaled $86 million, or $1.93 per diluted share, compared to adj.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced that it has completed two acquisitions that strengthen its vertically-integrated home markets for a combined purchase price of $710 million, subject to customary closing adjustments. Together, the acquisitions are expected to contribute approximately $425 million in revenue annually with an expected adjusted EBITDA margin of approximately 18%. This implies a blended multiple of approximately 9.2x expected adjusted EBITDA.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that it has secured the second and third work packages, valued at approximately $160 million and $70 million, respectively, under a $230 million Construction Manager at Risk (CMAR) contract for the Garnet Valley Wastewater System project. Awarded by the Southern Nevada Water Authority (SNWA), this contract represents a key component of a broader $900 million infrastructure initiative in the Apex Industrial Park, developed.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) will release financial results for the quarter ended June 30, 2025, before market opens on Thursday, August 7, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 7, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-8.