KBR, Inc. (KBR) Misses Q1 EPS by 1c

KBR, Inc. (NYSE: KBR) reported Q1 EPS of $0.28, $0.01 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.12 billion.

• Revenues of $1.1 billion, up 11% over prior year
• Solid earnings; GAAP EPS of $0.26 (with $0.02 impact from legacy legal fees)
• Adjusted 2017 EPS expected above mid-point of $1.10 and $1.40 range
• Reached substantial completion on an EPC power project in the U.S.
• PEMEX settlement completed and cash collected in April; to be recorded in Q2 2017

For earnings history and earnings-related data on KBR, Inc. (KBR) click here.

You May Also Be Interested In

• Morgan Stanley upgrades CDW on stronger AI-driven server demand
• Morgan Stanley Starts Adani Enterprises Ltd. (ADE:IN) at Overweight
• RBC initiates GE HealthCare as it sees AI-led innovation cycle driving growth