Aegion Corp. (AEGN) Monday reported fourth quarter net income attributable to Aegion of $14.9 million or $0.38 per share, compared to $14.75 million or $0.37 per share in the same period last year.
Non-GAAP net income was $15.2 million, or $0.39 per share, compared to $15.2 million, or $0.38 per share in the prior year quarter
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly revenues increased 7.0 percent to $274.68 million from $256.8 million in the prior year quarter, primarily due to 13.0 percent growth in our Energy and Mining segment, partially offset by 3.3 percent lower revenues in its global Water and Wastewater platforms. Seven analysts expected revenues of $282.44 million.
Looking ahead, the company expects 2013 earnings per share in the range of $1.60-$1.80, return on invested capital in the range of 9 percent to 10 percent, and cash from operating activities of more than $100 million. Analysts expect full-year earnings of $1.72 per share.
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