Aegion Q2 Profit Rises - Quick Facts

(RTTNews) - Aegion Corp. (AEGN) Tuesday reported second quarter net income attributable to Aegion of $13.2 million or $0.34 per share, compared to $11.5 million or $0.29 per share in the same period last year.

Non-GAAP net income was $13.3 million, or $0.34 per share, compared to $13.2 million, or $0.33 per share in the prior year quarter.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Quarterly revenues declined to $241.10 million from $254.49 million in the prior year quarter, while seven analysts expected revenues of $267.11 million.

Looking ahead, the company lowered its 2013 earnings per share in the range of $1.50-$1.60, from its previous range of $1.60 to $1.80. Analysts expect full-year earnings of $1.62 per share.