Chicago Bridge & Iron (CBI) Misses Q4 EPS by 70c, Sales in-Line

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. COIN
5. PINS
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Chicago Bridge & Iron (CBI) Misses Q4 EPS by 70c, Sales in-Line

CB&I Reports First Quarter 2017 Financial Results

May 8, 2017 4:15 PM EDT

THE WOODLANDS, Texas, May 8, 2017 /PRNewswire/ -- CB&I (NYSE: CBI) today reported net income of $25 million, or $0.24 per diluted share, for the first quarter of 2017, as compared to $107 million, or $1.01 per diluted share, for the first quarter of 2016. First quarter 2017 revenue was $2.4 billion, as compared to $2.7 billion in the first quarter of 2016.

New awards for the first quarter were $3.3 billion, as compared to $1.2 billion for the first quarter of 2016. The company's backlog at the end of the first quarter... More