Q: Could you please comment on WSP Global earnings. Thank You
5i Research Answer:
EPS of $1.76 beat estimates of $1.71; revenue of $3.34B beat estimates of $3.29B. EBITDA of $533.9M beat estimates by 1.5%. Guidance was affirmed. Revenue and earnings rose nicely year over year. EBITDA margins were flat at 16%. Backlog rose to $16.6B. Net sales rose 19.4%. Backlog rose 17%. EBITDA rose 18%. We would consider these very solid numbers.