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Benzinga

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Benzinga Insights

Granite Construction Earnings Perspective: Return On Capital Employed

Granite Construction GVA NYSE

According to data from Benzinga Pro, during Q1, Granite Construction's (NYSE:GVA) reported sales totaled $547.59 million. Despite a 51.94% increase in earnings, the company posted a loss of $9.82 million. Granite Construction collected $805.70 million in revenue during Q4, but reported earnings showed a $20.43 million loss.

Why Is ROCE Significant?

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