KBR Announces Fourth Quarter and 2016 Financial Results and 2017 Guidance
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KBR, Inc. (KBR) Posts Q4 Loss of $0.59/Share
February 24, 2017 6:06 AM ESTKBR, Inc. (NYSE: KBR) reported Q4 EPS of ($0.59), $0.79 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.21 billion.
"While the overall financial results in 2016 were below expectations, we took actions during the year which have positioned the Company to successfully execute our strategy and grow earnings in the long-term," said Stuart Bradie, President and Chief Executive Officer of KBR, Inc. "Last year was pivotal for KBR with significant highlights such as the completion of several strategic acquisitions: we acquired two well established and highly... More
