Chicago Bridge & Iron (CBI) Misses Q2 EPS by 3c, FY Guidance Comes in Light
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CB&I Reports Second-Quarter 2016 Financial Results
July 27, 2016 4:15 PM EDTTHE WOODLANDS, Texas, July 27, 2016 /PRNewswire/ --Â CB&I (NYSE: CBI) today reported net income of $123.8 million, or $1.17 per diluted share, for the second quarter of 2016, as compared to $169.5 million, or $1.55 per diluted share for the second quarter of 2015. On an adjusted basis, net income for the second quarter of 2015 was $125.7 million, or $1.15 per diluted share.
Revenues for the second quarter of 2016 were $2.7 billion, as compared to $3.2 billion in the second quarter of 2015, or $2.6 billion on an adjusted... More
