Analysts Expect KBR, Inc. (KBR) to Announce $0.43 EPS
Analysts expect that KBR, Inc. (NYSE:KBR) will report $0.43 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for KBR’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.50. KBR reported earnings of $0.32 per share during the same quarter last year, which would indicate a positive year over year growth rate of 34.4%. The business is expected to announce its next quarterly earnings report on Friday, August 4th.
According to Zacks, analysts expect that KBR will report full-year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.32 to $1.35. For the next financial year, analysts forecast that the company will post earnings of $1.36 per share, with EPS estimates ranging from $1.27 to $1.43. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for KBR.
KBR (NYSE:KBR) last released its quarterly earnings data on Friday, April 28th. The construction company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. KBR had a negative net margin of 1.51% and a positive return on equity of 4.79%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS.
A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of KBR from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Vertical Research upgraded shares of KBR from a “hold” rating to a “buy” rating in a research report on Monday, May 1st. Zacks Investment Research lowered shares of KBR from a “hold” rating to a “sell” rating in a research report on Monday, May 1st. TheStreet lowered shares of KBR from a “c” rating to a “d+” rating in a research report on Friday, March 10th. Finally, MKM Partners restated a “buy” rating and set a $21.00 target price on shares of KBR in a research report on Wednesday, March 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. KBR has an average rating of “Hold” and an average price target of $17.83.
Shares of KBR (KBR) opened at 15.39 on Thursday. The stock has a 50 day moving average of $14.71 and a 200 day moving average of $15.63. The stock’s market capitalization is $2.20 billion. KBR has a 12-month low of $12.08 and a 12-month high of $17.95.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Thursday, June 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $0.32 dividend on an annualized basis and a yield of 2.08%. KBR’s dividend payout ratio (DPR) is -68.08%.
A number of institutional investors have recently bought and sold shares of KBR. WFG Advisors LP raised its stake in shares of KBR by 23,321.4% in the fourth quarter. WFG Advisors LP now owns 3,279 shares of the construction company’s stock valued at $365,000 after buying an additional 3,265 shares during the last quarter. Tyers Asset Management LLC bought a new stake in shares of KBR during the fourth quarter valued at approximately $112,000. Quantbot Technologies LP bought a new stake in shares of KBR during the first quarter valued at approximately $109,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in shares of KBR by 322.2% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 7,600 shares of the construction company’s stock valued at $114,000 after buying an additional 5,800 shares during the last quarter. Finally, Flinton Capital Management LLC bought a new stake in shares of KBR during the fourth quarter valued at approximately $136,000. Hedge funds and other institutional investors own 99.74% of the company’s stock.
KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
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