Analysts expect that KBR, Inc. (NYSE:KBR) will announce earnings per share of $0.27 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for KBR’s earnings, with the highest EPS estimate coming in at $0.28 and the lowest estimate coming in at $0.25. KBR posted earnings per share of $0.30 during the same quarter last year, which would suggest a negative year over year growth rate of 10%. The firm is scheduled to report its next quarterly earnings report before the market opens on Friday, April 28th.
On average, analysts expect that KBR will report full year earnings of $1.24 per share for the current financial year, with EPS estimates ranging from $1.19 to $1.30. For the next fiscal year, analysts expect that the company will report earnings of $1.41 per share, with EPS estimates ranging from $1.37 to $1.50. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow KBR.
KBR (NYSE:KBR) last issued its quarterly earnings data on Friday, February 24th. The construction company reported ($0.59) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.76. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. KBR had a net margin of 1.64% and a return on equity of 16.67%. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 EPS.
A number of brokerages recently issued reports on KBR. TheStreet cut KBR from a “c” rating to a “d+” rating in a report on Friday, March 10th. MKM Partners reiterated a “buy” rating and issued a $21.00 target price on shares of KBR in a report on Wednesday, March 1st. DA Davidson reiterated a “buy” rating on shares of KBR in a report on Thursday, February 16th. Zacks Investment Research cut KBR from a “buy” rating to a “hold” rating in a report on Tuesday, January 17th. Finally, Credit Suisse Group AG reiterated a “buy” rating and issued a $20.00 target price on shares of KBR in a report on Sunday, February 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.83.
In related news, CFO Mark W. Sopp acquired 10,000 shares of the company’s stock in a transaction on Wednesday, March 8th. The shares were acquired at an average cost of $14.60 per share, for a total transaction of $146,000.00. Following the purchase, the chief financial officer now owns 42,654 shares in the company, valued at $622,748.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Mark W. Sopp acquired 5,000 shares of the company’s stock in a transaction on Tuesday, March 7th. The shares were bought at an average price of $14.40 per share, for a total transaction of $72,000.00. Following the completion of the purchase, the chief financial officer now owns 42,654 shares in the company, valued at approximately $614,217.60. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of KBR. FMR LLC boosted its position in shares of KBR by 754.2% in the fourth quarter. FMR LLC now owns 4,330,057 shares of the construction company’s stock valued at $72,269,000 after buying an additional 3,823,129 shares during the period. Russell Investments Group Ltd. bought a new position in shares of KBR during the fourth quarter valued at $32,790,000. Norges Bank bought a new position in shares of KBR during the fourth quarter valued at $22,520,000. Teachers Advisors LLC boosted its position in shares of KBR by 112.7% in the fourth quarter. Teachers Advisors LLC now owns 1,815,820 shares of the construction company’s stock valued at $30,306,000 after buying an additional 962,320 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of KBR by 25.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,144,701 shares of the construction company’s stock valued at $69,176,000 after buying an additional 837,815 shares during the period. Institutional investors and hedge funds own 93.00% of the company’s stock.
Shares of KBR (NYSE:KBR) traded up 0.94% on Tuesday, reaching $14.99. 1,649,196 shares of the company were exchanged. The company’s 50-day moving average price is $14.52 and its 200 day moving average price is $15.80. The company’s market cap is $2.14 billion. KBR has a 12 month low of $12.08 and a 12 month high of $17.95.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Wednesday, March 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.13%. The ex-dividend date was Monday, March 13th. KBR’s dividend payout ratio (DPR) is presently 68.09%.
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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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