KBR Expects FY24 Revenue Of $7.4B-$7.7B (Est $7.727B), Adjusted EPS Of $3.10-$3.30 (Est $3.27)
Portfolio Pulse from Benzinga Newsdesk
KBR, Inc. has provided its financial outlook for FY24, expecting revenues to be in the range of $7.4B-$7.7B, slightly below the estimated $7.727B. The company also forecasts its adjusted EPS to be between $3.10 and $3.30, which aligns closely with the estimated $3.27.
February 20, 2024 | 11:26 am
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KBR expects FY24 revenue of $7.4B-$7.7B, slightly below the estimated $7.727B, and adjusted EPS of $3.10-$3.30, close to the estimated $3.27.
KBR's financial outlook for FY24 indicates a slight underperformance in revenue compared to analyst estimates but aligns closely with EPS expectations. This mixed forecast may lead to a neutral short-term impact on KBR's stock price, as the slight revenue miss could be offset by meeting EPS expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100