Analysts Expect KBR, Inc. (KBR) to Post $0.30 Earnings Per Share

Equities research analysts expect KBR, Inc. (NYSE:KBR) to announce $0.30 earnings per share for the current quarter, Zacks reports. Three analysts have issued estimates for KBR’s earnings, with the highest EPS estimate coming in at $0.31 and the lowest estimate coming in at $0.28. KBR posted earnings of ($0.59) per share in the same quarter last year, which would suggest a positive year over year growth rate of 150.8%. The firm is scheduled to report its next quarterly earnings results on Friday, February 23rd.

According to Zacks, analysts expect that KBR will report full-year earnings of $1.48 per share for the current financial year, with EPS estimates ranging from $1.47 to $1.51. For the next financial year, analysts forecast that the company will report earnings of $1.28 per share, with EPS estimates ranging from $1.22 to $1.35. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow KBR.

KBR (NYSE:KBR) last released its quarterly earnings data on Tuesday, October 31st. The construction company reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.05. KBR had a net margin of 1.63% and a return on equity of 10.22%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the company earned ($0.44) earnings per share. The company’s quarterly revenue was down 3.6% on a year-over-year basis.

Several equities analysts have commented on KBR shares. TheStreet upgraded shares of KBR from a “c” rating to a “b-” rating in a report on Tuesday, October 31st. KeyCorp set a $20.00 price objective on shares of KBR and gave the company a “buy” rating in a report on Friday, August 25th. Deutsche Bank upped their price objective on shares of KBR from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, October 24th. ValuEngine upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Monday, November 6th. Finally, BidaskClub upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. KBR currently has an average rating of “Buy” and an average target price of $21.00.

KBR (KBR) traded up $0.07 during trading hours on Friday, hitting $18.82. 1,340,000 shares of the company’s stock traded hands, compared to its average volume of 2,791,187. KBR has a 12-month low of $13.36 and a 12-month high of $21.25. The firm has a market capitalization of $2,636.31, a P/E ratio of 32.45, a P/E/G ratio of 1.44 and a beta of 1.05. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.30 and a current ratio of 1.30.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.70%. KBR’s payout ratio is presently 62.75%.

Several institutional investors have recently made changes to their positions in the company. GSA Capital Partners LLP boosted its position in shares of KBR by 276.2% in the third quarter. GSA Capital Partners LLP now owns 40,014 shares of the construction company’s stock valued at $715,000 after acquiring an additional 29,379 shares during the period. Neuberger Berman Group LLC boosted its position in shares of KBR by 9.4% in the third quarter. Neuberger Berman Group LLC now owns 2,170,233 shares of the construction company’s stock valued at $38,804,000 after acquiring an additional 187,241 shares during the period. California Public Employees Retirement System boosted its position in shares of KBR by 5.2% in the third quarter. California Public Employees Retirement System now owns 453,670 shares of the construction company’s stock valued at $8,112,000 after acquiring an additional 22,434 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of KBR in the third quarter valued at about $699,000. Finally, Engine Capital Management LLC boosted its position in shares of KBR by 195.2% in the third quarter. Engine Capital Management LLC now owns 1,149,672 shares of the construction company’s stock valued at $20,556,000 after acquiring an additional 760,184 shares during the period. 99.73% of the stock is owned by institutional investors.

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KBR Company Profile

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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Earnings History and Estimates for KBR (NYSE:KBR)

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