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KBR Shares Slightly Up as Q1 Adjusted Earnings, Revenue Increase
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KBR Shares Slightly Up as Q1 Adjusted Earnings, Revenue Increase
Apr 30, 2024 7:19 AM

09:52 AM EDT, 04/30/2024 (MT Newswires) -- KBR (KBR) shares were up 0.3% in recent Tuesday trading after the company reported higher Q1 adjusted earnings and revenue that also beat estimates.

KBR reported Q1 adjusted earnings Tuesday of $0.77 per share, up from $0.67 a year earlier.

Analysts polled by Capital IQ expected $0.70.

Revenue for the quarter ended March 29 was $1.82 billion, compared with $1.70 billion a year earlier.

Analysts surveyed by Capital IQ estimated $1.78 billion.

KBR reiterated its fiscal full-year guidance of $3.10 to $3.30 in adjusted EPS and $7.4 billion to $7.7 billion in revenue. Analysts polled by Capital IQ expect normalized EPS of $3.21 on revenue of $7.53 billion.

Price: 66.18, Change: +0.18, Percent Change: +0.27

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