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TheStreet Open House

KBR's CEO Discusses Q4 2011 Results - Earnings Call Transcript

KBR (KBR)

Q4 2011 Earnings Call

February 23, 2012 9:00 am ET

Executives

Zachary A. Nagle - Vice President of Investor Relations and Communications

William P. Utt - Chairman, Chief Executive Officer and President

Susan K. Carter - Chief Financial Officer and Executive Vice President

Analysts

Joseph Ritchie - Goldman Sachs Group Inc., Research Division

Alan Fleming - Barclays Capital, Research Division

Robert F. Norfleet - BB&T Capital Markets, Research Division

Steven Fisher - UBS Investment Bank, Research Division

Jamie L. Cook - Crédit Suisse AG, Research Division

John Rogers - D.A. Davidson & Co., Research Division

Brian Konigsberg - Vertical Research Partners Inc.

Randy Bhatia - Capital One Southcoast, Inc., Research Division

Robert Connors - Stifel, Nicolaus & Co., Inc., Research Division

Presentation

Operator

Good day, and welcome to the KBR's Fourth Quarter 2011 Earnings Conference Call hosted by KBR. This call is being recorded. [Operator Instructions] For opening remarks and introductions, I would like to turn the call over to Mr. Zach Nagle, Vice President of Investor Relations and Communications. Please go ahead, sir.

Zachary A. Nagle

Thank you, Cynthia. Good morning, and welcome to KBR's Fourth Quarter 2011 Earnings Conference Call. Today's call is also being webcast, and a replay will be available on KBR's website for 7 days. The press release announcing fourth quarter results is available on KBR's website. Joining me today are Bill Utt, Chairman, President and Chief Executive Officer; and Sue Carter, Executive Vice President and Chief Financial Officer.

During today's call, Bill will provide an overview of KBR's fourth quarter and 2011 operating results, highlighting a number of key areas. He will also cover KBR's outlook and provide color around how we see 2012 coming together. Sue will address KBR's operating performance, financial position, backlog and other financial items in greater detail. After our prepared remarks, we will open the floor for questions.

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