Shaw Group Reaffirms 2012 Earnings Guidance

Shaw is reaffirming its earnings guidance, which was previously updated during the second quarter of fiscal year 2012 to reflect the Energy & Chemical segment sale: Revenue: approximately $5.5 - $6.0 billion (unchanged) Diluted earnings per share, excluding Westinghouse: $2.20 - $2.30 per share (unchanged) Operating cash flow: approximately $100 million (unchanged) Ending fiscal year 2012 backlog: approximately $18 billion (updated)