February 24, 2017 / 11:21 AM / 5 months ago

BRIEF-KBR reports Q4 loss per share $0.61

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Feb 24 (Reuters) - KBR Inc -

* KBR announces fourth quarter and 2016 financial results and 2017 guidance

* Q4 revenue $1.2 billion versus I/B/E/S view $1.2 billion

* Sees FY 2017 earnings per share $1.10 to $1.40

* Q4 adjusted loss per share $0.59 excluding items

* Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S

* In 2017, forecast that over 70 pct of revenue will come from work executed under services and reimbursable-type contracts

* Company initiates 2017 fully diluted earnings per share guidance with a range of $1.10 to $1.40 per share

* Company expects 2017 revenues to be comparable to 2016

* Legal costs associated with legacy U.S. Government contracts are expected to be about $9 million, or $0.07 per fully diluted share in 2017

* Over 70 pct of projected 2017 earnings is expected from contracts already secured in our backlog at year-end 2016

* Qtrly loss per share $0.61

* FY 2017 revenue view $4.61 billion -- Thomson Reuters I/B/E/S

* FY 2017 earnings per share view $1.33 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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