KBR reports Q3 (Sep) results, misses on revs; guides FY11 EPS in-line (29.15 +0.55)
Reports Q3 (Sep) earnings of $1.22 per share, including $0.60 favorable impact of discrete tax items benefit, may not be comparable to the Capital IQ Consensus Estimate of $0.68; revenues fell 4.0% year/year to $2.4 bln vs the $2.43 bln consensus. Co issues guidance for FY11, sees EPS of $3.15-3.30, may not compare to $2.65 Capital IQ Consensus Estimate.
