Q: Please comment on earning. Thanks for your excellent service .
5i Research Answer:
EPS of $1.97 beat estimates of $1.94; revenue of $3.74B were 1% below estimates. EBITDA of $777.5M were about 4% better than estimates. Revenue rose 0.7%. Backlog rose 6.3% to $26.8B. EBITDA rose 4.6%. Operating cash flow rose 7% to $502M. We are very comfortable with these results and decent growth is expected over the next 18 months. The conference call commented on regional growth, and government business showed the highest overall growth. Profit margins rose slightly with good cost control. We would continue to be buyers.