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.

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