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WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported fourth-quarter net income of $22.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Watsonville, California-based company said it had net income of 46 cents. Earnings, adjusted for non-recurring costs, came to 56 cents per share.
The contractor and construction materials producer posted revenue of $789.2 million in the period.
For the year, the company reported profit of $83.3 million, or $1.70 per share. Revenue was reported as $3.3 billion.
Granite Construction expects full-year revenue in the range of $3.4 billion to $3.6 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a GVA">Zacks stock report on GVA at https://www.zacks.com/ap/GVA