Willbros Group (WG) Tops Q2 EPS by 2c, Revenue Beats

Willbros Group (NYSE: WG) reported Q2 EPS of ($0.02), $0.02 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $227.4 million versus the consensus estimate of $185.23 million.

GUIDANCE:

Guidance

Van Welch, Willbros Chief Financial Officer, commented, “With the recent awards and increased visibility, we are increasing revenue guidance for the year to range between $850 to $900 million, up from the previous guidance of $775 to $825 million, excluding our tank services business.”

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

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