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News Breaks
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November 13, 2009
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| 12:29 EDT |  | URS |
| theflyonthewall.com: | URS Corporation expects strong 2010 | | The company announced on its Q3 earnings call its track to deliver double-digit earnings growth in 2009 and, based on preliminary trends, expects that revenues will grow in 2010. URS Corp. also anticipates FY10 EPS will be higher than EPS in FY09. For its FY09 infrastructure secretary sector revenues, the company anticipates approximately $1.7B and its 2010 outlook for this sector is increasingly optimistic. However URS Corp. cautioned, while its optimistic about the long-term propects for the industrial and commercial sector, it will remain cautious about the immediate opportunities. The company feels well positioned for another strong year in 2010, and sees positive trends in its federal and infrastructure markets including robust demand in funding for the types of services and types of projects that it performs. :theflyonthewall.com |
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