Why Granite Construction (GVA) Is Up 9.4% After Raising 2026 Guidance And Adding Kenny Seng
In late April 2026, Granite Construction reported first-quarter 2026 results showing revenue of US$912.47 million, up from US$699.55 million a year earlier, while its net loss widened to US$41.7 million and it raised full-year 2026 revenue guidance to US$5.2–US$5.4 billion. The company also highlighted a record US$7.2 billion backlog and the acquisition of Kenny Seng Construction, which is expected to add about US…
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