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Article: Shaw Reports Fourth Quarter and Record Fiscal Year 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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The Shaw Group Inc. (NYSE: SHAW) reported financial results for the fourth quarter and fiscal year ended Aug. 31, 2009. For the year, net income excluding the Westinghouse segment was $170.3 million, or $2.02 per diluted share. Net income including the Westinghouse segment, which includes non-operating foreign exchange translation losses, was $15.0 million, or $0.18 per diluted share.
In comparison, the prior year results excluding the Westinghouse segment were net income of $191.4 million, or $2.27 per diluted share, and including the Westinghouse segment were net income of $140.7 million, or $1.67 per diluted share.
Earnings before interest expense, ...