WSP Global again misses expectations as 2019 capped by weaker fourth quarter

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WSP Global again misses expectations as 2019 capped by weaker fourth quarter GlobeBusiness

WSP was expected to earn 86 cents per share in adjusted profits on $1.77 billion of revenues, according to financial markets data firm Refinitiv.

For the full year, its net income increased to $286.5 million from $248.1 million. Adjusted profits rose 10.7 per cent to $326.7 million or $3.10 per share, up from $295.2 million or $2.83 per share in 2018.Analysts had expected adjusted earnings of $3.44 per share on $6.9 billion of revenues. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

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