URS Corporation Raises FY 2012 Guidance; Announces Quarterly Dividend

URS Corporation updated its guidance for fiscal 2012 to reflect the acquisition of Flint and expects revenues to be approximately $11.0 billion, compared with prior guidance of between $9.9 billion and $10.1 billion, net income to be between $311 million and $319 million, compared with prior guidance of between $292 and $300 million and diluted EPS to be between $4.15 and $4.25, compared with prior guidance of between $3.95 and $4.05. The Company also declared a quarterly cash dividend of $0.20 per common share for the third quarter of 2012. The dividend will be paid on October 5, 2012 to stockholders of record as of September 14, 2012.