TRC Cos. (TRR) Misses Q2 EPS by 3c

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TRC Announces Second-Quarter Fiscal 2017 Financial Results

February 2, 2017 7:00 AM EST

LOWELL, MA -- (Marketwired) -- 02/02/17 -- TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, environmental consulting and construction-management services to the power, environmental, infrastructure and oil and gas markets, today announced financial results for the fiscal second quarter ended December 30, 2016.

Three Months Six Months Ended Ended ---------------- ---------------- (In millions, December December December December except per share 30, 25, $ % 30, 25, $ % data) 2016 2015 Change Change 2016 2015 Change Change ----------------- ------- ------- ------ ----- ------- ------- ------- ----- GAAP Results Net service revenue(1) $ 127.4 $ 111.4 $16.0 14% $ 251.7 $ 211.5 $ 40.2 19% Acquisition and integration expense - $ 1.2 $(1.2) N/A - $ 2.1 $ (2.1) N/A Amortization $ 2.6... More