Willbros Group Inc (WG) Releases Earnings Results, Reports EPS of $-0.09 EPS

Willbros Group Inc (WG) reported quarterly earnings results on Friday, Jul-29-2016. The company reported $-0.09 EPS for the quarter. Analysts had a consensus estimate of $-0.09. The company posted revenue of $193.44 million in the period, compared to analysts expectations of $205.67 million. The company’s revenue was down -11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.32 EPS.

Willbros Group Inc closed down -0.05 points or -2.28% at $2.14 with 1,43,683 shares getting traded on Thursday. Post opening the session at $2.2, the shares hit an intraday low of $2.12 and an intraday high of $2.24 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Nov 23, 2015, S Miller Williams (director) purchased 10,000 shares at $2.59 per share price. According to the SEC, on Nov 23, 2015, Michael J Fournier (COO) purchased 42,500 shares at $2.55 per share price. On Nov 19, 2015, Priest Johnny (EVP, Utility T&D) purchased 5,000 shares at $2.47 per share price, according to the Form-4 filing with the securities and exchange commission.

Willbros Group Inc. (Willbros) is a specialty energy infrastructure contractor serving the oil gas refining petrochemical and power industries. The Company’s offerings include engineering procurement and construction (EPC) turnarounds maintenance facilities development and operations services. The Company has four operating segments: Oil & Gas Professional Services Utility Transmission and Distribution (Utility T&D) and Canada. The Company offers a range of services serving the energy industry such as construction project management maintenance fabrication EPC integrity field services natural gas transmission and distribution API storage tanks general and modular fabrication and repair and restoration among others.

Willbros Group Inc

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