Dresser-Rand Group Q2 Profit Down - Quick Facts

(RTTNews) - Dresser-Rand Group Inc. (DRC) Monday reported second-quarter profit of $29.1 million or $0.38 per share, down from $53.3 million or $0.69 per share in the same period last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased 22 percent to $628.4 million from $805.3 million last year. Analysts expected revenues of $713.46 million.

Looking ahead, the company currently projects full-year 2014 earnings in the order of $2.60 to $2.80 per share. Analysts currently expect full-year earnings of $2.65 per share.