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Earnings Analysis: 
Chicago Bridge & Iron Profit Disappoints
Author: 123jump.com Staff
123jump.com
Last Update: 3:59 PM EDT April 30 2008



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Chicago Bridge & Iron Co., engineering and construction company, said net income rose to $42.2 million, or 43 cents per share, from $36.6 million, or 38 cents per share, a year earlier. Revenue climbed 68% to $1.4 billion from $857.3 million, meeting estimates. New awards for the latest three months totaled $943 million, bringing the company’s total backlog to $7.3 billion at the end of March.

 

 

 

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