Granite Construction: Q1 Earnings Snapshot

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WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported a loss of $33.7 million in its first quarter.

On a per-share basis, the Watsonville, California-based company said it had a loss of 77 cents. Earnings, adjusted for non-recurring costs, came to 1 cent per share.

The contractor and construction materials producer posted revenue of $699.5 million in the period.

Granite Construction expects full-year revenue in the range of $4.2 billion to $4.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GVA at https://www.zacks.com/ap/GVA