Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQ: GLDD) will be announcing earnings results this Tuesday morning. Here’s what to expect.

Great Lakes Dredge & Dock beat analysts’ revenue expectations by 9% last quarter, reporting revenues of $193.8 million, up 13.9% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is Great Lakes Dredge & Dock a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Great Lakes Dredge & Dock’s revenue to grow 5.3% year on year to $201.3 million, slowing from the 63.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.17 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Great Lakes Dredge & Dock has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time since going public by 13.3% on average.

Looking at Great Lakes Dredge & Dock’s peers in the construction and maintenance services segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Comfort Systems delivered year-on-year revenue growth of 35.2%, beating analysts’ expectations by 13.2%, and APi reported revenues up 14.2%, topping estimates by 3.9%. Comfort Systems traded up 18.9% following the results while APi was also up 6.9%.

Read our full analysis of Comfort Systems’s results here and APi’s results here.

Investors in the construction and maintenance services segment have had steady hands going into earnings, with share prices flat over the last month. Great Lakes Dredge & Dock is down 7.9% during the same time and is heading into earnings with an average analyst price target of $15.50 (compared to the current share price of $11.01).

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