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HOUSTON, May 2, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $34 million recompete cost-plus-fixed-fee single award IDIQ contract by the U.S. Naval Research Laboratory (NRL) for facility operations, maintenance and security in Washington, D.C. over a five-year period. Under the terms of the new contract, KBR's scope and services will expand to incorporate staffing the NRL visitor's center and cybersecurity support at multiple NRL campuses to maintain data integrity. KBR wi ...

KBR, Inc. (KBR) reported better-than-expected results for first-quarter 2024 (ended Mar 29), wherein earnings and revenues surpassed the Zacks Consensus Estimate.Both earnings and revenues grew on a year-over-year basis, particularly showcasing solid performance in adjusted EBITDA and operating cash flow. Bookings during the quarter were well-aligned with end markets across energy security, national defense, human performance, and sustainability.However, KBR's stock experienced a 1.6% decline in the trading ...

KBR, Inc. (NYSE:KBR) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Jamie DuBray - Vice President, Investor Relations Stuart Bradie - President and Chief Executive Officer Mark Sopp - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Tobey Sommer - Truist Bert Subin - Stifel Mariana Pérez Mora - Bank of America Sangita Jain - KeyBanc Michael Dudas - Vertical Research Operator Good morning everyone and welcome to the KBR Inc. First Quarter 2024 E ...

HOUSTON, April 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment for the British Army. Under the terms of the contract, KBR will provide a fleet of Heavy Equipment Transporters (HET), maintainers and operators to enable movement of strategic loads, including the British Army's Challenger 2 tanks. T ...

KBR Inc. (KBR) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this the engineering, construction company would post earnings of $0.68 per share when it actually produced earnings of $0.69, delivering a surprise of 1.47%.Over the last four quar ...

EXHIBIT 99.1 KBR Announces First Quarter Fiscal 2024 Financial Results Strong Q1 2024 Performance Adjusted EBITDA Growth with Margin Expansion 2 HOUSTON, TX - April 30, 2024 - KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results. "KBR's extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results," said Stuart Bradie, KBR's President and CEO. "Our team's unwavering commitment to our customers has led to year-over-year increases across ...

HOUSTON, April 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) under the Logistics Civil Augmentation Program (LOGCAP) V contract. LOGCAP is an indefinite delivery indefinite quantity contract with combatant command (COCOM) based task orders. The option period 4 performance is March 2024 to March 2025. Un ...

Investors are always looking for stocks that are poised to beat at earnings season and KBR Inc. (KBR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because KBR is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some ...

The market expects KBR Inc. (KBR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on A ...