URS Q2 Profit Rises

(RTTNews) - URS Corp. (URS) Tuesday reported second-quarter net income of $67.3 million or $0.91 per share, up from $53.6 million or $0.72 per share last year.

Revenues for the quarter rose to $2.79 billion from $2.69 billion last year.

Analysts polled by Thomson Reuters expected the company to earn $0.96 per share on revenues of $2.87 billion for the quarter.

URS now expects full-year 2013 earning of $4.25 to $4.50 per share, and revenues of $11.5 billion to $12.0 billion.

Analysts currently estimate earnings of $4.31 per share on revenues of $11.73 billion for the year.

Previously, the company expected earnings of $4.25 to $4.75 per share and revenues of $11.8 billion to $12.2 billion.