KBR Reaffirms FY23 Guidance; Revenue Of $6.9B-$7.1B, Adjusted EPS Of $2.76-$2.96
Portfolio Pulse from Benzinga Newsdesk
KBR has reaffirmed its FY23 guidance, expecting revenue of $6.9B-$7.1B and an adjusted EPS of $2.76-$2.96.
November 02, 2023 | 11:22 am
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POSITIVE IMPACT
KBR has reaffirmed its FY23 guidance, which is expected to be positive for the company's stock in the short term.
Reaffirming guidance is generally seen as a positive sign by investors as it indicates that the company is confident in its future performance. This could lead to increased investor confidence in KBR, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100