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.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.