KBR's Q4 Earnings Beat, Revenues Miss Estimates, Backlog High
KBRKBR(KBR) Zacks Investment Research·2024-02-22 00:01

KBR, Inc. (KBR) reported mixed results for fourth-quarter 2023 (ended Dec 29), wherein earnings surpassed the Zacks Consensus Estimate, but revenues missed the same. The top line increased on a year-over-year basis while the bottom line remained stable. Shares of the company gained 3.9% on Feb 20, after the earnings release. The company gained on strong underlying businesses as well as excellent bookings in the reported quarter. Impressively, KBR’s board hiked its quarterly regular dividend by 11% from 13.5 ...