Granite Construction (GVA) Q2 FY26 earnings call

Granite Construction delivered a strong Q2 FY26, driven by record Committed and Awarded Projects (CAP) and robust project execution. The company raised its full-year revenue guidance and organic growth expectations for FY27, supported by a healthy market and strategic initiatives in federal, rail, and data center markets. Despite weather and production cost headwinds in the Materials segment, demand and pricing remain strong, and the company anticipates continued M&A activity.