Granite Construction stock falls 1.61 percent as earnings reset

Published on 09/23/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Granite Construction stock traded at USD 114.33 on September 23, 2026, down 1.61 percent. Q2 FY26 revenue was USD 1.46 billion and EPS reached USD 2.16.

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Granite Construction stock (ISIN US3873281039) traded at USD 114.33 on the NYSE on September 23, 2026, down 1.61 percent from the prior close. The latest quarterly snapshot shows Q2 FY26 revenue of USD 1.46 billion and actual EPS of USD 2.16.

Quarterly figures set the tone

According to Yahoo Finance on September 23, 2026, Granite Construction reported Q2 FY26 revenue of USD 1.46 billion and earnings of negative USD 278.16 million, while actual EPS of USD 2.16 exceeded the estimate of USD 2.33? The displayed figures show the reporting-period comparison, but the earnings line is presented separately from the EPS result.

The available Q2 FY26 data therefore combine a large revenue base with a reported earnings figure that requires careful interpretation. Yahoo Finance also lists trailing twelve-month revenue of USD 4.97 billion, net income attributable to common shareholders of negative USD 164.9 million and diluted EPS of negative USD 4.24 as of September 23, 2026.

Valuation remains a counterpoint

Granite Construction's market value was about USD 5.079 billion on September 23, 2026, while the stock was quoted at USD 114.33. Yahoo Finance listed an average analyst price target of USD 171.67, with a high target of USD 200.00 and a low target of USD 119.00 on the same page.

A separate September 23, 2026 analysis from Yahoo Finance described a forward price-to-earnings ratio of 15.7 times at a share price of USD 114.40. The same report cited 14.3 percent annual revenue growth over the previous two years and a trailing twelve-month GAAP operating margin of 6.3 percent.

Next earnings date is November 5

Yahoo Finance lists November 5, 2026 as Granite Construction's next earnings date. The stock therefore enters the next reporting checkpoint with a valuation gap between the USD 114.33 market price and the USD 171.67 average analyst target, while the Q2 FY26 earnings data remain the immediate operating reference.

Stock trades at USD 114.33

Granite Construction stock closed or was quoted at USD 114.33 on the NYSE on September 23, 2026, a daily decline of 1.61 percent. The market capitalization was USD 5.079 billion as of that date.