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Relatively High Projected Earnings Growth Detected in Shares of Granite Construction in the Construction & Engineering Industry (GVA, FIX, DY, CBI, EME)

By David Diaz

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%. Following is Comfort Systems 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 subscribers consider buying shares of Dycom Industries on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $54.28. Since that recommendation, shares of Dycom Industries have risen 54.5%. We continue to monitor Dycom Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth granite construction comfort systems dycom industries chicago bridge & iron emcor group