2 Stocks Deliver and 3 Miss the Mark After Earnings
KBR, Inc. (NYSE:KBR) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 67.21% to $0.2 in the quarter versus EPS of $0.61 in the year-earlier quarter. Revenue decreased 10.97% to $1.87 billion from the year-earlier quarter.
KBR, Inc. reported adjusted EPS income of $0.2 per share. By that measure, the company missed the mean analyst estimate of $0.49. It missed the average revenue estimate of $1.96 billion.