CB&I Announces Second Quarter 2017 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Chicago Bridge & Iron (CBI) Posts Wide Loss of Lower Revs
August 9, 2017 4:19 PM EDTChicago Bridge & Iron (NYSE: CBI) reported Q2 EPS of ($3.02), $3.85 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $2.47 billion.
"Although our second quarter results are disappointing, we are taking decisive actions to improve our operating performance and strengthen the company\'s financial position," said Patrick K. Mullen, President and Chief Executive Officer of CB&I. "We have initiated a comprehensive cost... More
