Tuesday, October 4, 2016

KBR Inc. (KBR) Dropped To A 2-Month Low After Guidance Lowered

KBR Inc. (KBR) announced Friday that it now expects to report full-year 2016 earnings of $0.30 to $0.50 per diluted share, down from prior guidance of $1.20 to $1.45. The revision was attributed to increases in costs to complete engineering, procurement and construction projects.

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