Analysts Expect KBR, Inc. (NYSE:KBR) to Announce $0.39 EPS

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Wall Street brokerages predict that KBR, Inc. (NYSE:KBR) will announce $0.39 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for KBR’s earnings. The highest EPS estimate is $0.41 and the lowest is $0.38. KBR reported earnings of $0.34 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 14.7%. The firm is expected to announce its next quarterly earnings report on Monday, July 29th.

According to Zacks, analysts expect that KBR will report full year earnings of $1.66 per share for the current financial year, with EPS estimates ranging from $1.63 to $1.70. For the next year, analysts anticipate that the firm will post earnings of $1.92 per share, with EPS estimates ranging from $1.85 to $2.00. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for KBR.

KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, May 1st. The construction company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. KBR had a net margin of 3.51% and a return on equity of 12.84%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.20 billion.

Several research firms have commented on KBR. Deutsche Bank cut shares of Cogent Communications from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Cowen restated a “hold” rating and issued a $23.00 target price on shares of KBR in a research report on Monday, April 15th. Zacks Investment Research upgraded shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. Finally, KeyCorp upped their target price on shares of PGT Innovations from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, May 6th. Seven equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $24.80.

Several institutional investors have recently bought and sold shares of KBR. BlackRock Inc. lifted its stake in shares of KBR by 3.3% during the 4th quarter. BlackRock Inc. now owns 16,142,470 shares of the construction company’s stock worth $245,041,000 after acquiring an additional 508,917 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of KBR by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 2,170,823 shares of the construction company’s stock worth $32,952,000 after acquiring an additional 46,009 shares during the last quarter. Texas Permanent School Fund lifted its stake in shares of KBR by 4.1% during the 4th quarter. Texas Permanent School Fund now owns 92,189 shares of the construction company’s stock worth $1,399,000 after acquiring an additional 3,661 shares during the last quarter. Northern Trust Corp lifted its stake in shares of KBR by 3.1% during the 4th quarter. Northern Trust Corp now owns 2,211,451 shares of the construction company’s stock worth $33,570,000 after acquiring an additional 67,129 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its stake in shares of KBR by 10.7% during the 4th quarter. Great West Life Assurance Co. Can now owns 91,461 shares of the construction company’s stock worth $1,288,000 after acquiring an additional 8,837 shares during the last quarter. Institutional investors and hedge funds own 98.73% of the company’s stock.

NYSE KBR traded down $0.32 on Friday, hitting $24.95. The stock had a trading volume of 303,499 shares, compared to its average volume of 895,926. KBR has a one year low of $13.90 and a one year high of $25.41. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market cap of $3.55 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 1.69 and a beta of 1.45. The firm’s 50-day simple moving average is $24.12.

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, June 17th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Friday, June 14th. KBR’s dividend payout ratio (DPR) is 20.92%.

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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