80°
Baton Rouge, Louisiana
3 Day Outlook
Mon
75°
68°
80%
Tue
71°
53°
50%
Wed
71°
51°
10%

Latest Weather Blog

Follow our weather team on social media

Shaw Group fiscal 3Q earnings jump

4 years ago Monday, July 12, 2010 9:24:34 AM CDT July 12, 2010 Monday, July 12 2010 Jul 12, 2010 in News
Source: Associated Press

The Shaw Group Inc. said its fiscal third-quarter earnings skyrocketed because of gains in foreign currency conversions tied to its investment in the Westinghouse Group.

For the three months ending May 31, Shaw earned $68.4 million, or 79 cents per share, compared with year-ago earnings of $7.9 million, or 9 cents per share.

Revenue for the latest quarter totaled $1.79 billion, down from $1.85 billion a year ago.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
80°
70°
Mon
Heavy T-Storms
75°
68°
Tue
AM T-Storms
71°
53°
Wed
Mostly Cloudy
71°
51°
Thu
Mostly Sunny
76°
52°