Q: Please comment on the post earnings for WSP
5i Research Answer:
WSP's quarter looked fine overall. Revenue of $3.46 bln was shy of estimates of $3.48 bln. EPS of $2.82 was ahead of estimates at $2.66. Outlook for revenues was in-line and EBITDA was ahead of expectations. Revenues were up 16% and EBITDA was up 20% and backlog grew to $16.4 bln. Organic growth was 3.7% on the quarter.