KBR: Q4 Earnings Snapshot
By AP News
Published - Feb 20, 2024, 06:44 AM ET
Last Updated - Feb 20, 2024, 06:44 AM EST
HOUSTON (AP) — HOUSTON (AP) — KBR Inc. (KBR) on Tuesday reported fourth-quarter profit of $21 million.
The Houston-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring costs, were 69 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.
The the engineering, construction company posted revenue of $1.73 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.77 billion.
