Market Overview

D.A. Davidson Expects Improved Earnings And Cash Flow To Continue For Chicago Bridge & Iron Company


In a report published Wednesday, D.A. Davidson analyst John B. Rogers reiterated a Buy rating and $70.00 price target on Chicago Bridge & Iron Company N.V. (NYSE: CBI).

In the report, D.A. Davidson noted, "This compared to $1.80 last year. Reported earnings included $0.10 per share of acquisition-related costs. Prior year EPS included $0.11 of acquisition costs and a $0.72 tax benefit. Pre-tax and operating income increased substantially, driven by 12% revenue growth and 100bp of operating margin expansion. Full-year EPS of $4.98 compared to $4.23 in 2013, a continuation of a multi-year growth trend."

Chicago Bridge & Iron Company closed on Tuesday at $41.72.

Latest Ratings for CBI

Apr 2018MaintainsNeutralNeutral
Dec 2017DowngradesBuyNeutral
Nov 2017MaintainsNeutral

View More Analyst Ratings for CBI
View the Latest Analyst Ratings

Posted-In: D.A. Davidson John B. RogersAnalyst Color Reiteration Analyst Ratings


Related Articles (CBI)

View Comments and Join the Discussion!

Latest Ratings

LOWRBC CapitalMaintains129.0
MARRBC CapitalMaintains148.0
CRLSunTrust Robinson HumphreyMaintains162.0
CFRSunTrust Robinson HumphreyMaintains105.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

UPDATE: Dollar Tree Posts Upbeat Q4 Earnings, Issues Weak Outlook

MLV & Co Reiterates Buy, Lowers Price Target On Strategic Hotels And Resorts Following 4Q Review