KBR's Q3 Adjusted Earnings, Revenue Increase; Updates 2024 Guidance

MT Newswires Live
2024-10-23

KBR (KBR) ) reported Q3 adjusted earnings Wednesday of $0.84 per diluted share, up from $0.75 a year earlier.

Analysts polled by Capital IQ expected $0.84.

Revenue for the quarter ended Sept. 27 was $1.95 billion compared with $1.77 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.95 billion.

The company raised the lower end of its 2024 adjusted diluted earnings per share guidance to $3.20 to $3.30 from $3.15 to $3.30. Analysts surveyed by Capital IQ expect $3.25.

The company also increased the lower end of its revenue guidance range for the year to $7.5 billion to $7.7 billion from $7.4 billion to $7.7 billion. Analysts polled by Capital IQ expect $7.58 billion.

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