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News Breaks | | | | February 14, 2013 | | 16:34 EDT |  | URS | URS Corporation now sees FY12 EPS $4.12-$4.17, had seen $4.20-$4.30
EPS consensus $4.28. URS Corporation announced that it has revised its outlook for FY12, primarily as a result of a shift in the timing of a performance-based incentive award for achieving key milestones on a large chemical weapons demilitarization program. The incentive award, which is approximately $15M after-tax, or 20c per share, will be recognized in 1Q13, instead of 4Q12 as originally anticipated. URS continues to expect that FY12 revenues will be approximately $11B, consensus $10.97B. | |
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News For URS From The Last 14 Days Check below for free stories on URS the last two weeks. |
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| May 21, 2013 | | 08:32 EDT |  | URS | URS Corporation awarded contract from U.S. Army in Huntsville, Alabama
URS announced that the Company has been awarded an indefinite delivery/indefinite quantity, multiple award contract from the U.S. Army Engineering and Support Center in Huntsville, Alabama, to provide design-build services for the Medical Repair and Renewal Program in the continental U.S. and at overseas locations. The contract has a one-year base and four one-year option periods. The program has a maximum, aggregate value of approximately $585M to the seven awardees, if all option periods are exercised. Under the terms of the contract, URS can compete for or be awarded task orders to design and build U.S. Army medical facilities. | |
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