KBR (KBR) Releases FY18 Earnings Guidance

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KBR (NYSE:KBR) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.45-1.55 for the period, compared to the Thomson Reuters consensus estimate of $1.45. KBR also updated its FY 2018 guidance to $1.45-1.55 EPS.

A number of brokerages have recently weighed in on KBR. Bank of America lifted their price objective on KBR from $20.00 to $24.00 and gave the company a buy rating in a research note on Monday, August 13th. Macquarie cut KBR from an outperform rating to a neutral rating and set a $22.00 price objective for the company. in a research note on Wednesday, September 19th. TheStreet raised KBR from a c+ rating to a b- rating in a research note on Thursday, August 2nd. Credit Suisse Group lifted their price objective on KBR from $24.00 to $25.00 and gave the company a neutral rating in a research note on Wednesday. Finally, MKM Partners set a $25.00 price objective on KBR and gave the company a buy rating in a research note on Tuesday, July 31st. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $23.00.

NYSE:KBR traded down $0.07 during midday trading on Wednesday, reaching $19.85. The company had a trading volume of 189,342 shares, compared to its average volume of 1,714,062. The firm has a market cap of $2.64 billion, a PE ratio of 13.32, a price-to-earnings-growth ratio of 1.44 and a beta of 1.17. KBR has a 12-month low of $14.40 and a 12-month high of $22.09. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.66.

KBR (NYSE:KBR) last released its earnings results on Tuesday, October 30th. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.32 billion. KBR had a return on equity of 14.21% and a net margin of 11.69%. KBR’s revenue was up 23.6% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. Equities analysts forecast that KBR will post 1.45 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 17th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, December 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.61%. KBR’s dividend payout ratio (DPR) is presently 21.48%.

KBR Company Profile

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

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Earnings History and Estimates for KBR (NYSE:KBR)

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