KBR Inc reports results for the quarter ended in September 30 - Earnings Summary

KBR

23/10/2024 14:39

* KBR Inc  KBR.N  reported quarterly adjusted earnings of 84
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 75 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 84 cents per share. Wall Street
expected results to range from 80 cents to 89 cents per share.
    * Revenue rose 10% to $1.95 billion from a year ago;
analysts
expected $1.95 billion. 
    * KBR Inc's reported EPS for the quarter was 75 cents​.
    * The company reported quarterly net income of $100 million.
    * KBR Inc shares had risen by 8.1% this quarter and
gained 27.1%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for KBR Inc is 78.00 
This summary was machine generated from LSEG data October 23 at
01:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.84           0.84           Met
 Jun. 30 2024      0.79           0.83           Beat
 Mar. 31 2024      0.70           0.77           Beat
 Dec. 31 2023      0.69           0.69           Met