KBR, Inc. provided earnings guidance for the full year of fiscal 2012 and 2013. For the full year of fiscal 2012, the company expects earnings per diluted share between $1.95 to $2.10 excluding the third quarter 2012 goodwill impairment charge. This is below the company's previous guidance range of between $2.60 and $2.80 excluding the third quarter 2012 goodwill impairment charge. The company indicated the reduction in the guidance range for 2012 is the result of significant project charges the company expects to take in the company's Minerals and U.S. Construction businesses, both in the fourth quarter of 2012 as well as higher than expected labor cost absorption expenses.

For the full year of fiscal 2013, the company expects earnings per diluted share between $2.45 to $2.90, which includes capital expenditures guidance between $80 million to $100 million, including approximately $50 million to $60 million associated with the company's ERP implementation, overall effective tax rate range of approximately 26% to 28%.