KBR (NYSE:KBR) Announces Earnings Results

Key Points

• KBR reported a quarterly earnings per share of $0.91, exceeding expectations by $0.03, while revenue was $1.95 billion, below the anticipated $2.10 billion.
• The company's net margin stands at 4.52%, with a return on equity of 33.65%, showing an improvement from last year’s EPS of $0.83.
• KBR declared a quarterly dividend of $0.165 per share, translating to an annualized dividend yield of 1.4% and a payout ratio of 22.07%.

KBR (NYSE:KBR - Get Free Report) announced its quarterly earnings results on Thursday. The construction company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03, Zacks reports. KBR had a return on equity of 33.65% and a net margin of 4.52%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The business's revenue for the quarter was up 5.7% on a year-over-year basis. KBR updated its FY 2025 guidance to 3.780-3.88 EPS.

KBR Stock Up 3.2%

Shares of NYSE:KBR traded up $1.52 during trading on Tuesday, hitting $49.60. The company's stock had a trading volume of 1,321,967 shares, compared to its average volume of 1,546,718. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.13 and a current ratio of 1.13. KBR has a fifty-two week low of $43.89 and a fifty-two week high of $72.60. The stock's 50-day moving average price is $49.15 and its two-hundred day moving average price is $51.11. The company has a market capitalization of $6.39 billion, a PE ratio of 17.97, a PEG ratio of 0.98 and a beta of 0.76.

KBR Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were paid a $0.165 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.3%. KBR's payout ratio is 23.91%.

Insider Activity at KBR

In related news, CEO Stuart Bradie sold 20,000 shares of the business's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $52.81, for a total value of $1,056,200.00. Following the transaction, the chief executive officer owned 802,361 shares in the company, valued at approximately $42,372,684.41. The trade was a 2.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.11% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its holdings in KBR by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company's stock worth $31,247,000 after buying an additional 211,311 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in KBR by 6.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company's stock valued at $19,704,000 after purchasing an additional 23,738 shares during the period. Royal Bank of Canada raised its stake in KBR by 11.2% during the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company's stock valued at $4,073,000 after purchasing an additional 8,243 shares during the period. Finally, Empowered Funds LLC acquired a new position in shares of KBR in the first quarter worth $349,000. Institutional investors and hedge funds own 97.02% of the company's stock.

Wall Street Analysts Forecast Growth

KBR has been the subject of several recent analyst reports. Citigroup lowered their price target on KBR from $77.00 to $69.00 and set a "buy" rating for the company in a report on Friday, April 25th. Truist Financial decreased their price target on KBR from $70.00 to $60.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. DA Davidson cut their price objective on KBR from $72.00 to $65.00 and set a "buy" rating on the stock in a report on Friday. Stifel Nicolaus increased their price objective on KBR from $78.00 to $80.00 and gave the company a "buy" rating in a report on Friday. Finally, UBS Group cut KBR from a "buy" rating to a "neutral" rating and reduced their price target for the company from $66.00 to $54.00 in a report on Wednesday, July 2nd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $63.75.

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.