KBR KBR reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
KBR beat estimated earnings by 16.92%, reporting an EPS of $0.76 versus an estimate of $0.65.
Revenue was up $80.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 1.14% drop in the share price the next day.
Here's a look at KBR's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.57 | 0.65 | 0.57 | 0.50 |
EPS Actual | 0.62 | 0.69 | 0.64 | 0.58 |
Revenue Estimate | 1.72B | 2.53B | 1.54B | 1.47B |
Revenue Actual | 1.71B | 2.50B | 1.84B | 1.54B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
KBR management provided guidance for FY 2022, expecting earnings between $2.53 and $2.65 per share.
To track all earnings releases for KBR visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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