KBR Q4 Adj EPS $0.69, Inline, Sales $1.73B Miss $1.79B Estimate
Portfolio Pulse from Benzinga Newsdesk
KBR reported Q4 adjusted earnings per share of $0.69, meeting analyst estimates but unchanged from last year. Quarterly sales were $1.73 billion, missing the $1.79 billion estimate, yet marking a 7.59% increase from the previous year.
February 20, 2024 | 11:20 am
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KBR's Q4 earnings per share matched expectations but showed no growth from the previous year, while sales missed estimates but increased from the previous year.
KBR's earnings per share meeting analyst expectations indicates stability, but the lack of growth year-over-year could concern investors. The sales miss might be seen negatively, but the year-over-year increase could offset some concerns. Overall, the mixed results lead to a neutral short-term impact expectation.
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IMPORTANCE 75
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