KBR Q2 Adj. EPS $0.74 Beats $0.72 Estimate, Sales $1.75B In-Line $1.75B Estimate
Portfolio Pulse from Benzinga Newsdesk
KBR reported Q2 adjusted earnings of $0.74 per share, beating the analyst consensus estimate of $0.72 by 2.78%. However, this is a 2.63% decrease from the same period last year. The company's quarterly sales of $1.75 billion were in line with estimates and marked an 8.48% increase from the same period last year.
July 27, 2023 | 10:13 am
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NEUTRAL IMPACT
KBR's Q2 earnings beat estimates but were down year-over-year. Sales were in line with estimates and increased year-over-year.
KBR's earnings beat estimates, which is positive, but they were down compared to the same period last year, which is negative. Sales were as expected and increased compared to last year, which is positive. The net effect on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100