Share price of Aegion CorporationAEGN scaled a new 52-week high of $27.19 on Nov 8, eventually closing tad lower at $27.11. The company surged 23.6% in a year, higher than the S&P 500’s gain of 16.5% as well the broader industry ‘s increase of 18.7%. The company has a market capitalization of $882 million.
Earnings estimates for Aegion have gone up following its upbeat third-quarter results. On Nov 1, Aegion reported third-quarter 2017 adjusted earnings of 32 cents per share, in line with the year-ago quarter. Earnings beat the Zacks Consensus Estimate of 26 cents. Continued momentum across key markets for all three segments translated to strong orders and revenues in the quarter. Consequently, revenues…
Read the full article at: http://www.nasdaq.com/article/aegion-aegn-attains-52-week-high-on-strong-order-growth-cm874684