|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||23.47 - 24.15|
|52-week range||19.11 - 28.19|
|PE ratio (TTM)||N/A|
|Earnings date||2 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||26.14|
Aegion (AEGN) will benefit from strong order, backlog levels, and positive momentum in its segments despite raw material costs inflation and restructuring charges.
Backed by strategic actions, ongoing market, order growth and robust backlog position, Aegion (AEGN) expects adjusted earnings per share to rise more than 30% in 2018.
On a per-share basis, the Chesterfield, Missouri-based company said it had a loss of 39 cents. Earnings, adjusted for restructuring costs and pretax expenses, came to 20 cents per share. The results missed ...
Operational challenges in the Corrosion Protection segment's U.S. cathodic protection business are likely to negate order and backlog strength in Aegion's (AEGN) results in Q4.
Aegion's (AEGN) ongoing efforts to focus and simplify business, along with strong backlog, continued strength across key markets will lead to significantly improved 2018 earnings.
Aegion Corporation (“Aegion” or the “Company”) (Nasdaq:AEGN) today announced that Brian Groody has joined Aegion as President of its Corrosion Protection platform. Mr. Groody will have full P&L responsibility for the Corrosion Protection platform, which generated over $400 million in revenues in 2017. Mr. Groody most recently served as Executive Vice President of Operations at Strike, LLC, a large midstream engineering and construction firm, where he was responsible for leadership of their pipeline equipment business.
Upbeat third-quarter results, solid order growth driven by continued momentum across key markets for all the three segments and expected benefits from strategic actions have aided Aegion's (AEGN) shares.
Strong order growth, benefits from restructuring activities and continued strength across key markets positions Aegion (AEGN) well for an improved 2018.
Aegion (AEGN) expects in-line earnings in 2017 due to restructuring activities underway. However, benefits from these actions along with strong markets and backlog will drive improved results in 2018.
On a per-share basis, the Chesterfield, Missouri-based company said it had a loss of $2.23. Earnings, adjusted for one-time gains and costs, came to 32 cents per share. The results exceeded Wall Street ...
Performance issues related to restructuring actions along with impact on operations from Hurricanes Harvey and Irma will affect Aegion's (AEGN) third quarter results.
Aegion's (AEGN) focus on restructuring likely to drive results. But impact of recent hurricanes and financial challenges remain headwinds.