KBR Inc KBR.N reported quarterly adjusted earnings of 91 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 83 cents. The mean expectation of six analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 81 cents to 99 cents per share.
Revenue rose 5.2% to $1.95 billion from a year ago; analysts expected $2.08 billion.
KBR Inc's reported EPS for the quarter was 56 cents.
The company reported quarterly net income of $73 million.
KBR Inc shares had fallen by 5.0% this quarter and lost 21.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% 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 5 "strong buy" or "buy," 2 "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 $68.50, about 33.5% above its last closing price of $45.52
This summary was machine generated from LSEG data July 31 at 01:31 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)