KBR, Inc. (NYSE:KBR) Expected to Post Earnings of $0.44 Per Share

Equities analysts expect that KBR, Inc. (NYSE:KBR) will report earnings of $0.44 per share for the current quarter, Zacks reports. Four analysts have made estimates for KBR’s earnings, with estimates ranging from $0.40 to $0.47. KBR reported earnings of $0.46 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 4.3%. The firm is expected to report its next quarterly earnings report on Tuesday, October 29th.

On average, analysts expect that KBR will report full year earnings of $1.67 per share for the current fiscal year, with EPS estimates ranging from $1.63 to $1.70. For the next fiscal year, analysts forecast that the business will post earnings of $1.97 per share, with EPS estimates ranging from $1.93 to $2.05. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that cover KBR.

KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, July 31st. The construction company reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.01. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. KBR had a return on equity of 13.09% and a net margin of 3.52%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $0.35 EPS.

A number of research analysts have commented on the company. Deutsche Bank set a $24.00 price objective on KBR and gave the company a “hold” rating in a research report on Thursday, May 2nd. Macquarie set a $25.00 price objective on KBR and gave the company a “hold” rating in a research report on Thursday, May 2nd. Zacks Investment Research lowered KBR from a “strong-buy” rating to a “hold” rating and set a $29.00 price target on the stock. in a research report on Tuesday, July 9th. SunTrust Banks initiated coverage on KBR in a research report on Monday, July 22nd. They issued a “buy” rating and a $37.00 price target on the stock. Finally, Cowen restated a “buy” rating and issued a $31.00 price target on shares of KBR in a research report on Thursday. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $27.20.

Several large investors have recently bought and sold shares of KBR. Dimensional Fund Advisors LP increased its holdings in shares of KBR by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,666,237 shares of the construction company’s stock valued at $86,013,000 after acquiring an additional 422,548 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of KBR by 6.4% in the 4th quarter. Principal Financial Group Inc. now owns 758,725 shares of the construction company’s stock valued at $11,517,000 after acquiring an additional 45,601 shares during the last quarter. D. E. Shaw & Co. Inc. bought a new stake in shares of KBR in the 4th quarter valued at approximately $1,791,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of KBR in the 4th quarter valued at approximately $513,000. Finally, Thrivent Financial for Lutherans increased its holdings in shares of KBR by 5.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 35,748 shares of the construction company’s stock valued at $543,000 after acquiring an additional 1,811 shares during the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.

KBR traded down $0.22 during mid-day trading on Friday, reaching $25.35. The stock had a trading volume of 789,890 shares, compared to its average volume of 1,265,898. The company has a market cap of $3.52 billion, a PE ratio of 16.57, a P/E/G ratio of 1.66 and a beta of 1.41. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.78. The stock has a fifty day moving average price of $25.25. KBR has a 52 week low of $13.90 and a 52 week high of $26.84.

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, June 17th were given a $0.08 dividend. The ex-dividend date was Friday, June 14th. This represents a $0.32 annualized dividend and a dividend yield of 1.26%. KBR’s dividend payout ratio is currently 20.92%.

About KBR

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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