Heavy Construction
(FWLT) Foster Wheeler AG Wins Vietnam Electric Deal
Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Power Group has been awarded a contract by Wuhan Kaidi Electric Power Co., Ltd. for the design and supply of two circulating fluidized-bed...
(MDR) McDermott International Unit Wins Nuclear Deal
The Babcock & Wilcox Co. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the receipt of a nuclear contract from leading power supplier...
(MDR) McDermott International to Spin off Nuclear Unit
Energy-focused engineering and construction firm, McDermott International Inc. (MDR) announced plans to separate its power generation business from its offshore oil and gas services business, thereby creating...
(LAYN) Layne Christensen Company’s Profit Plunges
Layne Christensen Co. (LAYN) reported fiscal third-quarter results before the opening bell on Monday. The company’s earnings plunged 45.8% to $6.6 million, or 34 cents per share, from $12.2 million, or...
(MDR) McDermott International Reports Profit Growth
Energy-focused engineering and construction company, McDermott International Inc. (MDR) reported better-than-expected third-quarter earnings, driven by robust performance from the Offshore Oil and Gas Construction...
(FLR) Fluor Corporation Matches Estimates
Fluor Corporation (FLR) reported third quarter earnings per share of 89 cents, matching the Zacks Consensus Estimate. Revenue declined by 4% to $5.4 billion, which compares with $5.7 billion in the third quarter...
(MTZ) MasTec Inc. – Fourth Consecutive Earnings Surprise in a Row
MasTec Inc. (MTZ) reported third quarter results on Oct 28 that surprised on the Zacks Consensus Estimate by 1 cent. It was the fourth consecutive surprise in a row.
MasTec designs and builds infrastructure...
(GLDD) Great Lakes Dredge & Dock Corporation – Analysts Expect Huge Earnings Growth
Great Lakes Dredge & Dock Corporation (GLDD) is a play on the stimulus plan as the largest provider of dredging services in the United States is seeing more active bids from the Army Corps of Engineers.
In...
(FLR) Fluor Wins $150 Million Gas Turbine Contract
Fluor Corporation (FLR) announced yesterday that it received a $150 million engineering, procurement and construction [EPC] contract from ISAB Energy to rebuild a gas turbine power train.
The contract is to rebuild one of the two 266-megawatt combined...
(FWLT) Foster Wheeler AG Wins Polish Power Station Contract
Foster Wheeler AG (FWLT) said a unit of its Global Power Group recently won a contract from ZE PAK S.A. for the design, supply and erection of a 55 MWe biomass-fired circulating fluidized-bed (CFB) boiler island for the Konin Power Station in Poland.
(LAYN) Layne Christensen Beats Consensus by 92%
Layne Christensen Co. (LAYN) announced fiscal second-quarter results yesterday after the closing bell. The company reported GAAP net loss of $8.6 million or 45 cents per share, compared to GAAP net income of $15.1 million or 78 cents per share in the year-ago...
(FLR) Fluor Awarded Engineering Contract for Power Plants
Yesterday, Fluor Corporation (FLR) announced that it has been awarded an engineering services contract to design a concentrating solar power plant for eSolar, Inc. Fluor will provide design optimization to rapidly scale eSolar’s 46 megawatt power plants....
(MTZ) MasTec Inc. – Aggressive Growth – Zacks Rank Buy
MasTec, Inc. (MTZ) has an earnings announcement coming up on the 28th of April and estimates are on the rise.
Company Description
MASTEC INC. is one of the largest providers of construction services to the telecommunications...
(MTZ) MasTec Inc. – Value – Zacks Rank Buy
MasTec Inc. (MTZ), the builder of infrastructure, reported record revenue in 2008 and expects to see gains from the economic stimulus plan. The company has surprised the last 4 quarters by an average of 17.06%. MTZ has a PEG ratio of only 0.7.
Company...
(PCR) Perini Corporation – solid 1-year return on equity (ROE) of 17.44%
Perini Corporation (PCR), the construction company which specializes in large, complex projects in the hospitality and gaming, sports and entertainment, and healthcare markets for both private and government customers, on Jan 15 announced it was acquiring Keating Building...
(MTZ) MasTec – gains came from the company’s strategy to grow business with utilities customers as revenue doubled from last year
MasTec Inc. (MTZ) recently issued bullish 2009 guidance after closing on a $400 million acquisition. In November, the company reported all-time record quarterly revenue. MTZ is trading at 9.6x forward earnings.
Company Description
MasTec Inc. designs and builds...
(MTZ) MasTec, Inc – significant efforts to expand amongst its utility customers
MasTec, Inc. (MTZ) has posted record revenue levels as it posted its fourth earnings surprise in the past 4 quarters. The company also reiterated its guidance for 2008 and 2009.
Company Description
MASTEC INC. is one of the largest providers of construction services...
(MTRX) Matrix has surprised and beaten estimates in each of the last 2 quarters
Matrix Service Company’s (MTRX) share price appears to have found a short-term bottom, rebounding from a key level and climbing more than 50% in the last 3 weeks. In the meantime, estimates have held in higher ground, creating a value opportunity for a stock operating...
(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates
Layne Christensen Company (LAYN) has seen its stock fall in the market sell-off despite posting record revenues that grew 23.8% in the second quarter. LAYN has surprised on earnings 3 out of the last 4 quarters on average by 19.18%. Layne has a forward P/E of 8.05.
(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates
Layne Christensen Company (LAYN) has seen its stock fall in the market sell-off despite posting record revenues that grew 23.8% in the second quarter. LAYN has surprised on earnings 3 out of the last 4 quarters on average by 19.18%. Layne has a forward P/E of 8.05.
(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates
Layne Christensen Company (LAYN) has seen its stock fall in the market sell-off despite posting record revenues that grew 23.8% in the second quarter. LAYN has surprised on earnings 3 out of the last 4 quarters on average by 19.18%. Layne has a forward P/E of 8.05.
(FLR) – Fluor – Eight out of 11 covering analysts raised full-year 2008 earnings estimates
Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.
Company Description
Fluor Corporation provides services...
(FLR) – Fluor – Eight out of 11 covering analysts raised full-year 2008 earnings estimates
Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.
Company Description
Fluor Corporation provides services...
(GLDD) – Great Lakes Dredge & Dock Corp – Analysts are estimating 29 cents per share for full-year 2009, or a growth rate of 91%
Great Lakes Dredge & Dock Corporation (GLDD) reported a 71% year-over-year increase in net income for the second quarter of 2008. The company has increased its global exposure by repositioning vessels over seas and now generates 32% of its revenue from international operations.
(FLR) – Fluor – Eight out of 11 covering analysts raised full-year 2008 earnings estimates
Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.
Company Description
Fluor Corporation provides services...
(GLDD) – Great Lakes Dredge & Dock Corp – Analysts are estimating 29 cents per share for full-year 2009, or a growth rate of 91%
Great Lakes Dredge & Dock Corporation (GLDD) reported a 71% year-over-year increase in net income for the second quarter of 2008. The company has increased its global exposure by repositioning vessels over seas and now generates 32% of its revenue from international operations.
(FLR) – Fluor – Eight out of 11 covering analysts raised full-year 2008 earnings estimates
Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.
Company Description
Fluor Corporation provides services...
(GLDD) – Great Lakes Dredge & Dock Corp – Analysts are estimating 29 cents per share for full-year 2009, or a growth rate of 91%
Great Lakes Dredge & Dock Corporation (GLDD) reported a 71% year-over-year increase in net income for the second quarter of 2008. The company has increased its global exposure by repositioning vessels over seas and now generates 32% of its revenue from international operations.
(FLR) – Fluor – Eight out of 11 covering analysts raised full-year 2008 earnings estimates
Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.
Company Description
Fluor Corporation provides services...
(GLDD) – Great Lakes Dredge & Dock Corp – Analysts are estimating 29 cents per share for full-year 2009, or a growth rate of 91%
Great Lakes Dredge & Dock Corporation (GLDD) reported a 71% year-over-year increase in net income for the second quarter of 2008. The company has increased its global exposure by repositioning vessels over seas and now generates 32% of its revenue from international operations.