Several of these industry giants reported losses in their most recent financial periods while others saw profits fall.
Large public construction firms made news in the first round of earnings reports for 2022.
Several of these industry giants reported losses in their most recent financial periods while others saw profits fall. Corporate leaders cited a range of reasons for the challenges, including COVID-19 issues, bad weather, high taxes and changes in their companies' portfolios
Read on for details about each of the firms that Construction Dive covers.
In an investor call Thursday, CEO Anders Danielsson said the company's U.S. operations are back on track, despite pandemic headwinds. Read the full article ➔
The contractor is winning work at the highest rate in its history, CEO Troy Rudd said this morning, but the company won't see benefits from the infrastructure act until 2023. Read the full article ➔
During an earnings call on Feb. 8, the Dallas-based company said it will continue its expansion into data solutions, smart infrastructure and intelligence. Read the full article ➔
The Irving, Texas-based contractor issued positive guidance for future work despite losses in revenue and backlog. Read the full article ➔
The Australian contractor missed earnings forecasts, but expects to crawl back into the black in the second half of its fiscal year. Read the full article ➔
The Los Angeles-based construction giant sees plenty of infrastructure opportunity ahead, but won't slash margins to win it. Read the full article ➔
"We begin 2022 as a changed company from a year ago, but we still have work to do," CEO Kyle Larkin told analysts on Friday. Read the full article ➔
