Every material Form 8-K Granite Construction filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Granite Construction reported third-quarter 2024 revenue up 14% year over year to $1.3 billion, with net income attributable to the company of $79 million, or $1.57 per diluted share, versus $1.13 a year earlier. The company kept its full-year 2024 revenue guidance of $3.9 billion to $4.0 billion, narrowed its adjusted EBITDA margin range to 10% to 11%, and raised its SG&A expense range to 8.3% to 8.5% of revenue due to increased incentive compensation.
Q3 diluted EPS was $1.57 vs $1.13 a year earlier; adjusted diluted EPS was $2.05 vs $1.72
Q3 revenue rose $159 million to $1.3 billion, with the Construction and Materials segments each up 14%
Record committed and awarded projects (CAP) reached $5.6 billion, up $44 million sequentially
2024 guidance: revenue unchanged at $3.9 billion to $4.0 billion; SG&A raised to 8.3% to 8.5% of revenue from 7.5% to 8.0%
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Granite Construction filing is on SEC EDGAR ↗. 8-K briefs of other companies →