Public construction firms announce earnings | Dump Trucks Charlotte NC
Large public construction firms made news in the first round of earnings reports for 2022.
Several of these industry giants reported losses in their most recent financial periods while others saw profits fall. Corporate leaders cited a range of reasons for the challenges, including COVID-19 issues, bad weather, high taxes and changes in their companies' portfolios
Read on for details about each of the firms that Construction Dive covers.
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Skanska fourth-quarter profit sinks 40% but beats estimates
By Zachary Phillips, Noelle Knox • Feb. 3, 2022In an investor call Thursday, CEO Anders Danielsson said the company's U.S. operations are back on track, despite pandemic headwinds. Read the full article ➔
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'A global infrastructure investment renaissance is beginning': AECOM raises guidance as Q1 profits soar
By Julie Strupp, Noelle Knox • Feb. 8, 2022The contractor is winning columbus oh dump truck company at the highest rate in its history, CEO Troy Rudd said this morning, but the columbus oh dump truck company won't see benefits from the infrastructure act until 2023. Read the full article ➔
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Jacobs profit falls, backlog rises 12%
By Sebastian Obando • Feb. 8, 2022During an earnings call on Feb. 8, the Dallas-based columbus oh dump truck company said it will continue its expansion into data solutions, smart infrastructure and intelligence. Read the full article ➔
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Fluor's Q4 losses skid 60% to $171M, backlog drops
By Sebastian Obando • Feb. 22, 2022The Irving, Texas-based contractor issued positive guidance for future columbus oh dump truck company despite losses in revenue and backlog. Read the full article ➔
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Lendlease calls 2022 a 'reset' year, losing $264M in 6 months
By Zachary Phillips • Feb. 22, 2022The Australian contractor missed earnings forecasts, but expects to crawl back into the black in the second half of its fiscal year. Read the full article ➔
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Tutor Perini's 2021 profit, revenues fall amid continued COVID-19 challenges
By Joe Bousquin • Feb. 25, 2022The Los Angeles-based construction giant sees plenty of infrastructure opportunity ahead, but won't slash margins to win it. Read the full article ➔
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Granite stock hits 1-year low after Q4 miss blamed on weather, portfolio shift
By Joe Bousquin • Feb. 28, 2022"We begin 2022 as a changed columbus oh dump truck company from a year ago, but we still have columbus oh dump truck company to do," CEO Kyle Larkin told analysts on Friday. Read the full article ➔
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