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KBR (KBR) Guides FY12 EPS In-Line with Views

December 20, 2011 9:01 AM EST
KBR Inc. (NYSE: KBR) announced today that the company’s guidance for estimated earnings per diluted share is in the range of $2.45 to $2.80 for the fiscal year 2012. The Street sees $2.66.

KBR’s full year 2012 general and administrative expense guidance is between $240 million to $250 million and capital expenditure guidance is approximately $100 million. Included in these guidance figures is an estimated $20 million to $25 million of expense and $60 million to $65 million of capital for a new ERP system.

As previously announced at KBR’s Analyst & Investor Day in November of 2011, KBR anticipates full year 2012 revenue between $300 million to $500 million for the LogCAP project as well as an estimated 28% overall effective tax rate.


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