KBR (NYSE:KBR) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

KBR (NYSE:KBR - Get Free Report) posted its quarterly earnings results on Tuesday. The construction company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.88 by $0.10, Zacks reports. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.09 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. The firm's revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.77 earnings per share. KBR updated its FY 2025 guidance to 3.710-3.950 EPS.

KBR Trading Up 0.7 %

Shares of KBR traded up $0.41 during mid-day trading on Friday, reaching $55.23. The company had a trading volume of 1,306,784 shares, compared to its average volume of 1,320,383. KBR has a fifty-two week low of $43.89 and a fifty-two week high of $72.60. The firm has a fifty day simple moving average of $51.03 and a 200-day simple moving average of $55.84. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 23.21, a price-to-earnings-growth ratio of 0.86 and a beta of 0.83. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69.

KBR Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 14th were paid a $0.165 dividend. This is a positive change from KBR's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Friday, March 14th. KBR's dividend payout ratio is presently 23.57%.

Insider Buying and Selling

In other news, insider Gregory Sean Conlon sold 19,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $50.59, for a total value of $961,210.00. Following the completion of the sale, the insider now owns 63,533 shares in the company, valued at approximately $3,214,134.47. This trade represents a 23.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.11% of the company's stock.

Analyst Upgrades and Downgrades

KBR has been the subject of a number of analyst reports. KeyCorp upped their price target on KBR from $59.00 to $63.00 and gave the stock an "overweight" rating in a report on Wednesday. The Goldman Sachs Group reduced their price target on shares of KBR from $75.00 to $64.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Citigroup cut their target price on shares of KBR from $77.00 to $69.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Finally, Truist Financial dropped their price objective on shares of KBR from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $68.86.

About KBR

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.