Shaw Group Inc. (SHAW) reported first quarter net income of $0.57 per share after the close Wednesday, excluding an investment in Westinghouse. The consensus estimate was for EPS of $0.45. Revenues dipped slightly to $1.86 billion from $1.90 billion last year. The stock is now up 1.51 on 31K shares.
Shaw Group traded to the upside until around 1:15PM Wednesday and finished higher by 0.71 at $29.75. The stock closed challenging the upper end of a 2 1/2 month range.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.