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KBR profit down in 2nd qtr, revenue tops estimates

July 25 | Fri Jul 26, 2013 1:51am IST

(Reuters) – Engineering company KBR Inc reported on Thursday a decline in quarterly earnings from an especially strong quarter last year, while its revenue exceeded expectations.

KBR’s second-quarter profit was $90 million, or 61 cents per share, compared with $104 million, or 70 cents per share, a year ago. Revenue fell 3 percent to just shy of $2 billion, compared with analysts’ average estimate of $1.93 billion, according to Thomson Reuters I/B/E/S.

 

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Posted by Jeff Raizner on Aug 1 2013. Filed under Blog, KBR Lawsuits, News Coverage, Qarmat Ali Blog. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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