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NYSE Stocks In The News.(A)

Investor's Business Daily

| May 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Christina Wise

TRC Cos. more than doubled in price between October and March, and then fell into its current seven-week base. Its initial sell-off wasbrutal, as it shed more than a third of its value in just eight trading days. It's since recovered, working its way back within 3% of its old high.

The Windsor, Conn.-based company provides engineering and construction services to industry and government. Last month it signed a $26.7 million contract with the Connecticut Resource Recovery Authority for cleanup and environmental responsibilities for a Connecticut power station.

The firm is slated to report first-quarter profit on Wednesday. Analysts expect it to earn 28 cents a share vs. 17 cents in the same period the year before. In all, profit growth has been 67% or more in the last 10 quarters.

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