EXHIBIT 11 ROBERTSON-CECO CORPORATION COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE ----------------------------------------------- (Thousands, except per share amounts) (Unaudited) Three Months Ended March 31 ---------------------- 1996 1995 -------- -------- PRIMARY: Primary earnings (loss) from continuing operations . . . . . . . . $ 3,262 $ 1,178 Income from discontinued operations. . . . . . . . . . . . . . - 3,349 ------- -------- Total primary earnings (loss) . . . . $ 3,262 $ 4,527 ======= ======== Average number of shares of common stock outstanding . . . . . . . . . . 16,009 15,914 Incremental shares to reflect dilutive effect of deferred compensation plan . . . . . . . . . . 114 45 ------- -------- Total shares . . . . . . . . . . . . 16,123 15,959 ======= ======== Primary earnings (loss) from continuing operations per common share . . . . . . . . . . . . . . . . $ .20 $ .07 Primary income from discontinued operations. . . . . . . . . . . . . . - .21 ------- -------- Primary earnings (loss) per share . . $ .20 $ .28 ======= ========