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.
For comments and feedback: editorial@rttnews.com