KBR Q3 Adj $0.84, Inline, Sales $1.95B Miss $1.96B Estimate
Portfolio Pulse from Benzinga Newsdesk
KBR reported Q3 earnings of $0.84 per share, meeting analyst expectations, and a 12% increase from last year. However, sales of $1.95 billion slightly missed the $1.96 billion estimate, despite a 10% increase from the previous year.
October 23, 2024 | 10:02 am
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KBR's Q3 earnings per share met expectations at $0.84, showing a 12% increase from last year. However, sales of $1.95 billion slightly missed the $1.96 billion estimate, which may cause minor investor concern.
KBR's earnings per share met expectations, which is positive, but the slight miss in sales estimates could lead to a neutral short-term impact on the stock price. The 12% increase in EPS and 10% increase in sales from last year are positive indicators, but the miss might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100