Highest Projected Earnings Growth in the Construction & Engineering Industry Detected in Shares of Granite Construction (GVA, FIX, DY, CBI, EME)
Below are the three companies in the Construction & Engineering industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Granite Construction ranks highest with a projected earnings growth of 284.4%. Comfort Systems is next with a projected earnings growth of 114.7%. Dycom Industries ranks third highest with a projected earnings growth of 65.2%.
Chicago Bridge & Iron follows with a projected earnings growth of 10.6%, and EMCOR Group rounds out the top five with a projected earnings growth of 8.0%.
SmarTrend recommended that its subscribers protect gains by selling shares of Chicago Bridge & Iron on May 9th, 2016 by issuing a Downtrend alert when the shares were trading at $37.57. Since that call, shares of Chicago Bridge & Iron have fallen 5.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest projected earnings growth granite construction comfort systems dycom industries chicago bridge & iron emcor group