URS Corp. Q4 Profit Plunges - Quick Facts

(RTTNews) - URS Corp. (URS), a provider of engineering and technical services, Monday reported fourth-quarter net income attributable to the company of $19.2 million or $0.26 per share, compared to $70.6 million or $0.95 per share last year.

Analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the latest fourth quarter were $2.66 billion, compared with $2.97 billion last year. Analysts estimated revenues of $2.68 billion for the quarter.

Looking forward to the full year 2014, the company expect earnings of $3.20 and $3.50 per share and continues to expect revenues of $10.8 billion to $11.2 billion. Analysts now expect earnings of $3.28 per share and revenues of $10.88 billion.

On February 28, 2014, the Company declared a quarterly cash dividend of $0.22 per common share, an increase from $0.21 per common share. The dividend will be paid on April 11, 2014 to stockholders of record as of March 21, 2014.