除去,加州。, 10月24日 /PRNewswire-FirstCall/ -- Granite建设合并 (NYSE: GVA) today reported financial results for thethird quarter ended 二零零七年九月三十日. The 公司 reported net income forthe quarter of 5330万美元, or 1.28美元 per diluted share. This compares withnet income of 4570万美元, or 1.10美元 per diluted share for the same periodlast year.

"Granite delivered another strong quarter," Granite President and ChiefExecutive Officer 威廉·g·多雷 said. "Overall, operating income increased2740万美元 quarter over quarter in spite of a challenging competitivebidding environment in the West. 在本季度，我们的Granite West业务能够利用其健康的积压工作并提供令人印象深刻的毛利率，而Granite East则连续一个季度业绩有所改善。”

经营业绩-季度和年初至今

For the third quarter of 2007, total revenue decreased 10% to 8.463亿美元 compared with 9.417亿美元 a year ago. 总毛利占收入的比例从去年同期的11.2%上升至16.1%。 Operating income increased to 7600万美元 compared with 4860万美元 for the third quarter of 2006.

For the nine-month period ended 二零零七年九月三十日, revenue totaled 21亿美元 compared with 22亿美元 for the same period last year. 总毛利占营收的比例从去年的10.6%上升至14.8%。 Operating income increased to 1.372亿美元 compared with 9300万美元for the same period in 2006.

公司总 backlog at 二零零七年九月三十日 was 23亿美元 compared with21亿美元 a year ago. New awards for the third quarter 2007 included a5960万美元 portion of a 1.38亿美元 highway reconstruction project in加州 and 4390万美元 highway project also in 加州. General andAdministrative expenses for the quarter totaled 6370万美元 or 7.5% ofrevenue compared with 5860万美元 or 6.2% of revenue in 2006. The 510万美元 increase is due primarily to the recent acquisition in the 沿岸.

分段结果

Granite East revenue for the quarter decreased 30% to 1.826亿美元compared with 2.596亿美元 for the same period last year. Granite Eastbacklog increased 40% to 14亿美元 compared with 10亿美元 last year.毛利率占收入的百分比为1.1%，而上一季度为负10.4%。 The operating loss for Granite East in the quarter was320万美元 compared with an operating loss of 3520万美元 for the sameperiod in 2006, reflecting improved performance from its current backlog ofwork compared with a year ago.

For the nine-month period ended 二零零七年九月三十日, Granite East revenuetotaled 5.853亿美元 compared with 7.885亿美元 for the same period lastyear. Gross margin as a percent of revenue for the nine months ended September30 2007 was 1.4% compared with a negative 5.2% last year. Operating loss forGranite East totaled 1340万美元 for the nine-month period compared with anoperating loss of 6620万美元 for the same period in 2006.

Granite West revenue for the quarter totaled 6.424亿美元 compared with6.812亿美元 for the same period in 2007. Backlog for Granite West decreased15.2% to 9.508亿美元 compared with 11亿美元 a year ago, reflecting thecurrent competitive marketplace in the West. 毛利润占营收的比例与上季度持平，为19.4%。 Granite West operating incomedecreased 1500万美元 for the quarter to 8980万美元 compared with 1.048亿美元 for the third quarter last year.

For the nine-month period ended 二零零七年九月三十日 Granite West revenuetotaled 15亿美元 compared with 14亿美元 for the same period last year.Gross profit as a percent of revenue for the nine months ended 2007年9月30日 increased to 19.3% compared with 18.4% last year. Operating income forGranite West slightly increased to 1.865亿美元 for the same period comparedwith 1.852亿美元 in 2006.

Granite 土地公司 revenue for the quarter increased 2030万至2120万美元 compared with 090万美元 for the same period last year.Operating income for 十大正规博彩平台土地公司 increased to 820万美元 (includingour minority partner’s share of approximately 450万美元) compared with anoperating loss of 030万美元 in the third quarter of 2006 reflecting thesale of three development projects in the quarter.

前景

“我们对今年剩余时间的前景是乐观的。 十大博彩正规平台西部将迎来另一个伟大的一年，十大博彩正规平台东部将在2006年有显著的改善。 For the total 公司, we are currently expecting 2007earnings per share in the range of 2.55 - 2.75美元. 与往常一样，我们实现这些预测结果的能力取决于许多因素，包括我们在第四季度能够完成的工作量，由于冬季天气条件的到来，这可能会有很大差异。”

"Our longer term outlook is also positive, driven by both a record levelof public transportation funding in 加州, the 公司’s largest revenue-producing state, as well as improving results from our large projectsbusiness. 对我们建筑材料的需求预计也将长期保持健康。 我们预计大型项目的竞标机会将继续保持强劲，这将有助于支持我们在granite East有选择地竞标新项目的战略，并带来相当高的盈利水平。”

股份回购计划

Granite is issuing a separate news release today announcing that its Boardof Directors has authorized the repurchase of up to 2亿美元 of commonstock in addition to a 30% increase in the quarterly dividend.

财务业绩

本公告中的2007年和2006年财务信息反映了公司的组织和战略调整，并初步受制于季度审查的完成。 The final quarterly financial resultswill appear in Granite’s Form 10-Q, which will be filed on or before November9 2007.

电话会议

Granite will conduct a conference call tomorrow, 2007年10月25日, at东部时间上午11时/ 上午8点 to discuss the results for the quarter. Access toa live audio webcast is available at/investor-relations. The live conferencecall may be accessed by calling (877) 864-2735 in the U.S. and 加拿大 and(706) 634-7039 for international listeners. 会议ID为20484318。 The conference call will be recorded and available for replay fromapproximately two hours after the live call through 二零零七年十一月八日 bycalling (800) 642-1687 or (706) 645-9291. 会议ID为20484318。

对十大博彩正规平台

十大博彩正规平台公司 is a member of the 标普 400 Midcap Index,the Domini 400 Social Index and the Russell 2000. 十大正规博彩平台建设公司是美国最大的多元化重型民用承包商和建筑材料生产商之一。 Granite建设公司 通过其在全国的办事处和子公司为公共和私营部门的客户提供服务。 Granite连续第四年入选《财富》100家最适合工作的公司。 For moreinformation about Granite, please visit their website at/.

前瞻性陈述

本新闻稿包含《1933年证券法》（经修订）第27A条和《1934年证券交易法》（经修订）第21E条所指的前瞻性陈述，这些陈述代表了我们管理层对未来事件的信念和假设，例如与公司未来业绩存在投标机会和经济条件相关的陈述。 此外，前瞻性陈述包括可以通过使用前瞻性术语，如“相信”、“预期”、“出现”、“可能”、“将”、“应该”、“寻找”或“预期”，或其否定或类似术语，或通过战略讨论来识别的陈述。 所有此类前瞻性陈述均受风险和不确定性的影响，这些风险和不确定性可能导致实际运营结果、财务状况和其他事件，以及这些事件发生的时间，与此类前瞻性陈述中明示或暗示的内容存在重大差异。 具体风险因素包括但不限于适用的联邦和州立法拨款委员会组成的变化； 联邦和州对基础设施支出的拨款变化； 经济状况：经济的总体状况； jobproductivity; 项目估算的准确性； 天气条件; 竞争和价格压力； 以及各州的公民投票和倡议。 您不应过分依赖这些前瞻性陈述，这些陈述仅在本新闻稿发布之日发表。 您还应了解，除了本新闻稿中讨论、提及或纳入参考的因素外，许多重要因素可能导致我们的结果与前瞻性陈述中表达的结果存在重大差异。 鉴于这些风险和不确定性，重要的是要意识到本新闻稿中讨论的前瞻性事件可能不会发生。 我们没有义务公开修改或更新任何前瞻性陈述，以使其符合实际结果或公司预期的变化。

Granite今天发布了一份单独的新闻稿，宣布了一项新的股票购买计划，并增加了季度股息，建议十大正规博彩平台阅读有关这些事项的单独新闻稿。

For further information regarding risks and uncertainties associated withGranite’s business, please refer to the "Management’s Discussion and Analysisof Financial Condition and Results of Operation" and "Risk Factors" sectionsof Granite’s 证券交易委员会 filings, including, but not limited to, its annual report onForm 10-K and quarterly reports on Form 10-Q, copies of which may be obtainedby contacting Granite’s investor relations department at (831) 724-1011 or atGranite’s website at /.

                      GRANITE CONSTRUCTION INCORPORATED                        COMPARATIVE FINANCIAL SUMMARY              (Unaudited - In Thousands, Except Per Share Data)                            Three Months Ended                              September 30,               Variance                           2007          2006       Amount       Percent    Revenue      建设        $701,622     $807,384   $(105,762)       (13.1)      Material sales      $123,453     $133,375     $(9,922)        (7.4)      Real estate          $21,238         $913      $20,325         ****        Total revenue     $846,313     $941,672    $(95,359)       (10.1)    Cost of revenue      建设        $601,880     $736,839     $134,959         18.3      Material sales       $96,130      $98,459       $2,329          2.4      Real estate          $11,666         $442    $(11,224)         ****        Total cost         of revenue       $709,676     $835,740     $126,064         15.1    Gross profit          $136,637     $105,932      $30,705         29.0      Gross profit       as a percent of       revenue               16.1%        11.2%         4.9%            -    General and     administrative     expenses              $63,666      $58,560      $(5,106)        (8.7)      G&A expenses as       a percent of       revenue                7.5%         6.2%        (1.3%)           -    Gain on sales of     property and     equipment              $2,994       $1,230       $1,764         ****    Other income     (expense)      Interest income       $7,514       $7,055         $459          6.5      Interest expense     $(1,884)     $(1,319)       $(565)       (42.8)      Equity in income       of affiliates        $4,037         $770       $3,267         ****      Other, net             $(391)         $(8)       $(383)        ****        Total other         income             $9,276       $6,498       $2,778         42.8    Income before     provision for income     taxes and minority     interest              $85,241      $55,100      $30,141         54.7    Minority interest      $(6,504)     $13,421     $(19,925)        ****    Net income             $53,300      $45,725       $7,575         16.6    Net income per share:      Basic                  $1.30        $1.12        $0.18         16.1      Diluted                1.28美元        1.10美元        $0.18         16.4    Weighted average     shares of common     stock:      Basic                 41,106       40,923          183          0.4      Diluted               41,640       41,546           94          0.2                             Nine Months Ended                              September 30,               Variance                            2007         2006      Amount         Percent    Revenue      建设       $1,778,638   $1,911,529   $(132,891)       (7.0)      Material sales       $289,655     $303,556    $(13,901)       (4.6)      Real estate           $36,556      $34,592      $1,964         5.7        Total revenue    $2,104,849   $2,249,677   $(144,828)       (6.4)    Cost of revenue      建设       $1,543,960   $1,762,217    $218,257        12.4      Material sales       $229,116     $230,906      $1,790         0.8      Real estate           $19,466      $17,277     $(2,189)      (12.7)        Total cost         of revenue      $1,792,542   $2,010,400    $217,858        10.8    Gross profit           $312,307     $239,277     $73,030        30.5       Gross profit        as a percent        of revenue            14.8%        10.6%        4.2%           -    General and     administrative     expenses              $183,133     $155,751    $(27,382)      (17.6)      G&A expenses       as a percent       of revenue              8.7%         6.9%       (1.8%)          -    Gain on sales of     property and     equipment               $8,053       $9,517     $(1,464)      (15.4)    Other income (expense)      Interest income       $20,796      $16,732      $4,064        24.3      Interest expense      $(4,998)     $(4,105)      $(893)      (21.8)      Equity in income       of affiliates         $4,359       $1,521      $2,838        ****      Other, net            $(1,057)      $2,700     $(3,757)       ****        Total other         income             $19,100      $16,848      $2,252        13.4    Income before     provision for     income taxes and     minority interest     $156,327     $109,891     $46,436        42.3    Minority interest      $(13,750)      $6,769    $(20,519)       ****    Net income              $94,897      $77,592     $17,305        22.3    Net income per share:      Basic                   $2.31        $1.90       $0.41        21.6      Diluted                 $2.28        $1.87       $0.41        21.9    Weighted average     shares of common stock:      Basic                  41,065       40,853         212         0.5      Diluted                41,587       41,434         153         0.4                        GRANITE CONSTRUCTION INCORPORATED                      CONDENSED CONSOLIDATED BALANCE SHEETS           (Unaudited - In thousands, except share and per share data)                                               September 30,      December 31,                                                   2007               2006                                      Assets    Current assets       Cash and cash equivalents                 $265,605           $204,893       Short-term marketable securities           106,675            141,037       Accounts receivable, net                   536,519            492,229       Costs and estimated earnings in        excess of billings                         24,489             15,797       Inventories                                 50,438             41,529       Real estate held for sale                   57,296             55,888       Deferred income taxes                       36,041             36,776       Equity in construction joint        ventures                                   36,851             31,912       Other current assets                        43,370             63,144           Total current assets                 1,157,284          1,083,205    Property and equipment, net                   487,000            429,966    Long-term marketable securities                61,308             48,948    Investment in affiliates                       23,256             21,471    Other assets                                   78,119             49,248                 Total assets                  $1,806,967         $1,632,838                       Liabilities and Shareholders’ Equity    Current liabilities       Current maturities of long-term debt       $26,589           $28,660       Accounts payable                           261,379           257,612       Billings in excess of costs and        estimated earnings                        274,209           287,843       Accrued expenses and other current        liabilities                               209,894           189,328           Total current liabilities              772,071           763,443    Long-term debt                                140,410            78,576    Other long-term liabilities                    65,111            58,419    Deferred income taxes                          19,788            22,324    Minority interest in consolidated     subsidiaries                                  28,148            15,532    Shareholders’ equity       Preferred stock, 0.01美元 par value,        authorized 3,000,000 shares;        none outstanding                                -                 -       Common stock, 0.01美元 par value,        authorized 150,000,000 shares;        issued and outstanding        41,916,706 shares in        2007 and 41,833,559 shares in        2006                                          419               418       Additional paid-in capital                  82,678            78,620       Retained earnings                          694,557           612,875       Accumulated other comprehensive        income                                      3,785             2,631           Total shareholders’ equity             781,439           694,544                 Total liabilities and                  shareholders’ equity         $1,806,967        $1,632,838                                               September 30,      December 31,    Financial Position                             2007               2006       Working capital                           $385,213          $319,762       Current ratio                                 1.50              1.42       Debt to total capitalization                  0.18              0.13       Total liabilities to equity ratio             1.31              1.35                         GRANITE CONSTRUCTION INCORPORATED                            REVENUE AND BACKLOG ANALYSIS                         (Unaudited - Dollars In Thousands)                                  BY MARKET 证券交易委员会TOR                                                 Revenue                           Three Months Ended September 30,    Variance                                 2007          2006         Amount   Percent      Public Sector            $578,356      $635,010     $(56,654)   (8.9)      Private Sector            123,266       172,374      (49,108)  (28.5)      总 sales           123,453       133,375       (9,922)   (7.4)      Real Estate                21,238           913       20,325    ****                               $846,313      $941,672     $(95,359)  (10.1)                                BY MARKET 证券交易委员会TOR                                              Backlog                                   September 30,               Variance                                 2007          2006         Amount  Percent      Public Sector          $2,169,060     $1,872,944     $296,116   15.8      Private Sector            167,461        247,116      (79,655) (32.2)                             $2,336,521     $2,120,060     $216,461   10.2                                BY GEOGRAPHIC AREA                                               Revenue                       Three Months Ended September 30,       Variance                                2007      2006             Amount  Percent      加州             $334,854   $407,047         $(72,193)  (17.7)      West (Excl. CA)         325,392    310,737           14,655     4.7      Midwest                  29,620     13,596           16,024    ****      Northeast                52,542     73,519          (20,977)  (28.5)      Southeast                65,371     77,813          (12,442)  (16.0)      South                    38,534     58,960          (20,426)  (34.6)                             $846,313   $941,672         $(95,359)  (10.1)                                BY GEOGRAPHIC AREA                              Backlog                             September 30,               Variance                           2007        2006          Amount    Percent      加州         $455,014    $610,308      $(155,294)  (25.4)      West (Excl. CA)     518,755     609,422        (90,667)  (14.9)      Midwest             350,496       3,805        346,691    ****      Northeast           166,453     243,968        (77,515)  (31.8)      Southeast           679,635     399,096        280,539    70.3      South               166,168     253,461        (87,293)  (34.4)                       $2,336,521  $2,120,060       $216,461    10.2     **** Represents percentages greater than 100%

源 十大正规博彩平台公司