India, Feb. 18 -- Great Lakes Dredge & Dock Corp. (GLDD) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $19.72 million, or $0.29 per share. This compares with $21.56 million, or $0.32 per share, last year.
Analysts on average had expected the company to earn $0.23 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.6% to $202.77 million from $181.73 million last year.
Great Lakes Dredge & Dock Corp. earnings at a glance (GAAP) :
-Earnings: $19.72 Mln. vs. $21.56 Mln. last year.-EPS: $0.29 vs. $0.32 last year.-Revenue: $202.77 Mln vs. $181.73 Mln last year.
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