KBR, Inc. (NYSE:KBR) Releases FY17 Earnings Guidance

KBR, Inc. (NYSE:KBR) issued an update on its FY17 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.25-1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.29.

KBR, Inc. (NYSE:KBR) traded up 0.56% during mid-day trading on Friday, reaching $16.16. 1,565,150 shares of the company’s stock were exchanged. KBR, Inc. has a one year low of $13.16 and a one year high of $17.95. The firm’s market capitalization is $2.26 billion. The company’s 50-day moving average is $15.53 and its 200 day moving average is $15.25.

KBR (NYSE:KBR) last announced its earnings results on Wednesday, August 2nd. The construction company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.10 billion. KBR had a negative net margin of 0.81% and a positive return on equity of 8.74%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 earnings per share. Equities analysts predict that KBR, Inc. will post $1.36 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. KBR’s dividend payout ratio (DPR) is currently -128.00%.

Several research firms have recently issued reports on KBR. Zacks Investment Research downgraded shares of KBR from a hold rating to a sell rating in a report on Tuesday, July 4th. BidaskClub upgraded shares of KBR from a sell rating to a hold rating in a report on Saturday, June 10th. TheStreet upgraded shares of KBR from a d+ rating to a c- rating in a report on Thursday, August 3rd. Finally, Vertical Research upgraded shares of KBR from a hold rating to a buy rating in a report on Monday, May 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of $18.22.

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About KBR

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.

Earnings History and Estimates for KBR (NYSE:KBR)

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