KBR Q1 revenue, adjusted EPS beat estimates

KBR

05/05/2026 11:19

Overview

US engineering solutions firm's fiscal Q1 revenue fell 5% but beat analyst expectations

Adjusted EPS for fiscal Q1 declined 5% but beat analyst expectations

Company reaffirmed full-year 2026 guidance and continues with planned Mission Technology Solutions spin-off

Outlook

KBR reaffirms fiscal 2026 revenue guidance of $7.90 bln to $8.36 bln

Company maintains fiscal 2026 adjusted EBITDA outlook of $980 mln to $1.04 bln

KBR continues to expect fiscal 2026 adjusted EPS of $3.87 to $4.22

Result Drivers

EUCOM RUNOFF - Revenue declined mainly due to the expected runoff of EUCOM contingency work

NASA FUNDING RESTRICTIONS - Mission Technology Solutions revenue was pressured by funding restrictions at NASA

Company press release: ID:nGNX6NDwcf

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.90 bln
$1.88 bln (8 Analysts)
Q1 Adjusted EPS
Beat
$0.96
$0.91 (8 Analysts)
Q1 EPS
$0.80
Q1 Net Income
$102 mln
Q1 Adjusted EBITDA
$251 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for KBR Inc is $50.00, about 29.3% above its May 4 closing price of $38.67

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)