Orascom Construction Q1/2012 Net Income Seen 38% Drop; Analysts

Orascom Construction Industries (OCI) (OCIC.CA) is scheduled to report first-quarter results on Monday. Net income may drop 38% to $126.6 million from a year earlier.

The shares declined 0.43%  to close at EGP 248 on Sunday closing.

This was according to the mean estimate of eight analysts compiled by Bloomberg.