Chicago Bridge & Iron (CBI) Misses Q4 EPS by 70c, Sales in-Line
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CB&I Reports First Quarter 2017 Financial Results
May 8, 2017 4:15 PM EDTTHE 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
