SNC-Lavalin (SNC.TO: Quote,SNCAF.PK) posted second-quarter net income attributable to shareholders of C$32.49 million or C$0.21 per share versus C$102.2 million or C$0.67 per share last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of C$0.56 per share. Analysts' estimates typically exclude special items.
Revenues grew to C$1.91 billion from C$1.67 billion in the prior-year quarter, mainly due to an increase of 39.4% in the Services category. Analysts expected revenues of C$1.85 billion.
The Board of Directors declared a cash dividend of C$0.22 per share for the second quarter of 2012.
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by RTT Staff Writer
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