URS Corporation Announces Higher Revenue
URS Corporation (NYSE:URS) has reported increase in its earnings for the third quarter of the year. The company has also announced its outlook for the entire year. URS Corporation said that its Q3 net income increased 9 percent. The increase has been attributed to higher revenue and lower costs.
- URS Corporation reported its Q3 net income at $70.4 million or 87 cents per share.
- The company had earned $64.8 million or 79 cents in net income during the third quarter of the last year.
URS Corporation also reported 1 percent increase in revenue. The quarterly revenue for the company stood at $2.34 billion, up from $2.32 billion. The company also charged $25 million or 18 cents per share for one time non cash impairment charges. The charges are related to a road project joint venture in California.
The company was expected to declare its earnings per share at 86 cents. Analysts had pegged their revenue estimates at $2.48 billion. The company expects its full year revenue to be between $9.3 billion and $9.5 billion. Its earnings per share for the entire year are pegged at $3.65 and $3.75 per share.
Key Financial Stats
Valuation
- Price/Earnings(TTM)13.30
- Price/Cash Flow8.90
- Price/Sales (TTM)0.39
- Price/Book0.87
Financial Strength
- Quick Ratio (MRQ)2.00
- Current Ratio (MRQ)2.20
- LT Debt to Equity (MRQ)0.20
- Total Debt to Capital (MRQ)0.20
- Return on Equity6.40
Assets
- Asset Turnover1.30
- Asset per Employee64018.22
- Inventory Turnover-
Per Share Data
- Earnings (TTM)3.14
- Current P/E Ratio2.20
- Cash Flow4.71
- Annual Dividend0.00
- Book Value48.06
- EBITDA4.90
Profitability
- Market Cap3.14
- Gross Margin (TTM)6.70
- Operating Margin (TTM)4.90
- Profit Margin (TTM) 2.90
Management Effectiveness
- Return on Equity (TTM)6.40%
- Return on Assets (TTM)3.60%
- Return on Investment (TTM)5.30%
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