Willbros Group (WG) Misses Q1 EPS by 8c

Willbros Group (NYSE: WG) reported Q1 EPS of ($0.22), $0.08 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $199 million versus the consensus estimate of $210.18 million.

Backlog

At March 31, 2016, Willbros reported total backlog of $783.3 million compared to $826.8 million at December 31, 2015. Twelve month backlog of $457.3 million at March 31, 2016 increased $25.1 million, or approximately 6%, from December 31, 2015 as both Oil & Gas and Utility T&D showed positive gains.

For earnings history and earnings-related data on Willbros Group (WG) click here.

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