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KBR Q1 Profit Declines, Yet Tops View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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KBR Inc. (KBR) posted first-quarter net income attributable to the company of $88 million, or $0.59 per share, compared to $91 million, or $0.61 per share, in the first quarter of 2012. Analysts polled by Thomson Reuters expected the company to report earnings of $0.47 per share for the quarter. Analysts' estimates typically exclude special items.

Operating income in the fourth quarter was $133 million compared to operating income of $112 million in the prior year quarter.

Consolidated revenue in the fourth quarter 2012 was $1.86 billion compared to $2.00 billion in the comparable quarter last year, while thirteen analysts had consensus revenue estimate of $1.92 billion for the quarter.

The company still expects fiscal year 2013 earnings per share to be between $2.45 and $2.90. Analysts expect the company to report earnings of $2.63 per share for fiscal 2013.

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