URS Corp First Quarter Earnings Sneak Peek

URS Corp (NYSE:URS) will unveil its latest earnings on Tuesday, May 8, 2012. URS is an international provider of engineering, construction and technical services.

URS Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.05 per share, a rise of 32.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 93 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.05 during the last month. Analysts are projecting profit to rise by 13.6% versus last year to $4.01.

Past Earnings Performance: Last quarter, the company fell short of estimates by 9 cents, coming in at profit of 89 cents a share versus the estimate of net income of 98 cents a share. It was the fourth straight quarter of missing estimates.

Investing Insights: What’s the Future of Microsoft’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a rise of 4.7% in revenue from the year-earlier quarter to $2.43 billion.

Analyst Ratings: nine out of 15 analysts surveyed (60%) have a buy rating on URS. This falls short of the analyst rating of 10 competitors, which average 69.3% buy ratings. Over the last three months, the stock’s average rating has increased from hold to moderate buy.

A Look Back: In the fourth quarter of the last fiscal year, profit fell 52.8% to $28.3 million (33 cents a share) from $60 million (75 cents a share) the year earlier, missing analyst expectations. Revenue rose 0.6% to $2.39 billion from $2.38 billion.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 5.1% in the first quarter of the last fiscal year, 4.9% in the second quarter of the last fiscal year and 5.6% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between April 3, 2012 and May 2, 2012, the stock price dropped $1.81 (-4.2%), from $43.39 to $41.58. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011, when shares rose for nine straight days, increasing 7.2% (+$3.07) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight days, dropping 12.1% (-$5.31) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Don’t Miss These Additional Hot Stories:

Why Are These Health Stocks Feeling Under the Weather?

What Do Americans Think About Gold?>>

Here’s How to Bet on a Baby Boom>>