Chicago Bridge & Iron Company Q2 Profit Rises - Quick Facts

(RTTNews) - Chicago Bridge & Iron Company N.V. (CBI) reported that its second-quarter net income attributable to company increased to $106.04 million or $0.98 per share, from $72.32 million or $0.74 per share, last year. Adjusted net income attributable to company was $112.32 million or $1.04 per share for the quarter. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.03 for the quarter. Analysts' estimates typically exclude special items. Revenue was $2.85 billion, compared to $1.30 billion last year. Analysts expected revenue of $2.81 billion for the quarter. The company has updated its guidance for 2013 as: revenue in a range of $10.7 billion-$11.2 billion; and adjusted earnings per share in the range of $4.00-$4.35. Analysts expect the company to report 2013 profit per share of $4.20 on revenue of $11.17 billion.