Dismal 2002 Construction Market Batters Contractor Financials on Wall Street

Publicly held electrical contractors, as well as contractors in other trades, turned in mixed results in 2002, according to a recently released study by FMI Corp., Raleigh, N.C.

Earnings after taxes for the 38 construction contractors covered in the report actually climbed in 2002 to 1.7 percent from 1.4 percent.

But 2002 stock prices for two publicly held electrical contractors, Integrated Electrical Services (IES), Houston, and Quanta Services Inc., also based in Houston, bo

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.