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HOUSTON (AP) – KBR Inc. (KBR) on Thursday reported fourth-quarter net income of $58 million.
The Houston-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 46 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. The company posted revenue of $1.45 billion in the period. For the year, the company reported profit of $202 million, or $1.41 per share. Revenue was reported as $5.64 billion.