URS Corp.

The Zacks Rank Buys featured in this article are: URS Corp. (URS - Snapshot Report), TNS Inc. (TNS - Snapshot Report), Carter's Inc. (CRI - Snapshot Report), and Stepan Co. (SCL).

URS Corp. (URS - Snapshot Report)

Company Description

URS Corp provides a wide range of construction management and technical services for several industries including manufacturing, chemical, pharmaceutical, mining and others. The services it offers are far too many to list, but include everything from engineering roads and harbor to risk management for military weapons systems. The company services government entities as well as private and institutional clients.

Net Income Up 52%

URS released first-quarter results on May 13th that included a 53% spike in net income, $75.5 million up from $49.4 million. Quarterly revenue was $2.52 billion, up 12% from $2.26 billion.

Earnings per share of $0.92 easily surpassed the consensus estimate of $0.63. This was the third surprise in the last 4 quarter. Counting a 3 cents miss, the company averages a 21% surprise.

Estimates Following

Shortly after the press release, 11 of 14 analysts revised their estimates, which now average $3.00 per share for 2009, up 8 cents. Of the 13 analysts who provide forecasts for 2010, 10 revised upward. Next year's consensus is now $3.36, up 12 cents.

These figures represent 9% year-over-year growth in 2009 and 12% in the following year.

The Chart

URS matched the S&P during the first few months of the 2009, however it has pulled away as of late. The stock is easily trumping the market return and given the recent quarter should continue to do so in the future. Take a look at the chart below.

Read the January 5th Feature Here

Last Week's Aggressive Growth Zacks Rank Buy Stocks

TNS Inc. (TNS - Snapshot Report) blew estimates out of the water with its latest quarterly results. Read Full Article.

Carter's Inc. (CRI - Snapshot Report) just blew analyst estimates out of the water with its recent quarterly report. Sales are up and the company continues to expand its footprint across America. Read Full Article.

Stepan Co. (SCL) crushed Wall Street expectations with its latest earnings report. Shared are moving sideways right now, but may resume the upward climb soon. Read Full Article.