EXHIBIT 11 ROBERTSON-CECO CORPORATION COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE ----------------------------------------------- (Thousands, except per share amounts) (Unaudited) Three Months Ended Six Months Ended June 30 June 30 ------------------ ------------------ 1994 1993 1994 1993 -------- -------- -------- -------- PRIMARY: Income (loss) from continuing operations. . . . . . . . . . $ 918 $(3,772) $(4,593) $(12,387) Less dividends on preferred stock . . . . . . . . . . . . - (56) - (112) ------- ------- ------- -------- Primary earnings (loss) . . . . $ 918 $(3,828) $(4,593) $(12,499) ======= ======= ======= ======== Average number of shares of common stock outstanding. . . 15,773 881 15,773 881 Incremental shares to reflect dilutive effect of deferred compensation plan . . . . . . 456 - - - ------- ------- ------- -------- Total shares. . . . . . . . . 16,229 881 15,773 881 ======= ======= ======= ======== Primary earnings (loss) per common share. . . . . . . . . $ .06 $ (4.35) $ (.29) $ (14.19) ======= ======= ======= ======== Share amounts are presented after giving effect to the 1 for 16.5 reverse stock spilt which became effective July 23, 1993.