Aegion Corp (NASDAQ:AEGN) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.28 per share.
For the full year, analysts predict revenues of $ 1108.67 million, while looking forward to income of $ 0.93 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.25 ~ $ 0.35 per share
Click Here For More Historical Outlooks Of Aegion Corp
Previous Quarter Performance
Aegion Corp unwinded income for the second quarter of $ 0.25 per share, from the revenue of $ 245.02 million. The quarterly earnings 32.43 percent while revenues contracted 23.13 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.21 per share from $ 242.15 million in revenue. The bottom line results beat street analysts by $ 0.04 or 19.05 percent, at the same time, top line results outshined analysts by $ 2.87 million or 1.19 percent.
Stock Performance
Shares of Aegion Corp traded low $ -0.49 or -3.17 percent on Tuesday, reaching $ 14.95 with volume of 45.30 thousand shares. Aegion Corp has traded high as $ 15.39 and has cracked $ 14.87 on the downward trend
According to the previous trading day, closing price of $ 14.95, representing a 35.44 % increase from the 52 week low of $ 11.40 and a 34.71 % decrease over the 52 week high of $ 23.65.
The company has a market capital of $ 460.03 million and is part of the Industrial Goods sector and Heavy Construction industry.
Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure in the United States, Canada, Europe, and internationally. It operates through three segments: Infrastructure Solutions, Corrosion Protection, and Energy Services. The company offers various solutions for rehabilitating and maintaining aging or deteriorating infrastructure; protecting new infrastructure from corrosion; and providing integrated professional services in engineering, procurement, construction, maintenance, and turnaround services for oil and natural gas companies.
