Shaw Group, Inc. (SHAW) Reports Q3 Results; Authorizes Added $500M Buyback; Guides FY12

June 28, 2011 5:04 PM EDT Send to a Friend
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Shaw Group, Inc. (NYSE: SHAW) reported Q3 EPS excluding Westinghouse of $0.86, which may not compare to the analyst estimate of $0.68. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.69 billion.

Authorized an additional $500 million to its buyback program.

Sees FY2012 EPS of $2.20-$2.50, versus the consensus of $2.70. Sees FY2012 revenue of $6.2-$6.5 billion, versus the consensus of $7.18 billion.


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Earnings, Guidance, Stock Buybacks

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