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KBR(KBR) - 2024 Q3 - Quarterly Results
2024-10-23 10:08
EXHIBIT 99.1 KBR Announces Third Quarter Fiscal 2024 Financial Results Outstanding 3Q Performance Strong Bookings Momentum Raising Guidance on Revenue, Adj. EBITDA & Adj. EPS 2 2 HOUSTON, TX - October 23, 2024 - KBR, Inc. (NYSE: KBR) today announced its third quarter fiscal 2024 financial results. "KBR's exceptional team has once again exceeded expectations with outstanding third-quarter results," stated Stuart Bradie, KBR's President and CEO. "Our team's dedication to our customers has resulted in year-ove ...
KBR Announces Third Quarter Fiscal 2024 Financial Results
Prnewswire· 2024-10-23 10:00
Outstanding 3Q PerformanceStrong Bookings MomentumRaising Guidance on Revenue, Adj. EBITDA2 & Adj. EPS2HOUSTON, Oct. 23, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its third quarter fiscal 2024 financial results."KBR's exceptional team has once again exceeded expectations with outstanding third-quarter results," stated Stuart Bradie, KBR's President and CEO. "Our team's dedication to our customers has resulted in year-over-year growth across all financial metrics, including Revenues, Adjuste ...
KBR Highlights Strong Sustainability Performance in 2023 Sustainability and Corporate Responsibility Report
Prnewswire· 2024-10-22 21:00
HOUSTON, Oct. 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today the release of its 2023 Sustainability and Corporate Responsibility Report, which detailed continued sustainability progress across its operations and through its delivery of sustainability-focused solutions."A large part of our culture at KBR is 'walking the talk' and this includes our commitment to sustainability. This report is a testament to the commitment of our people to doing things that matter — delivering solutions that are help ...
Bet on These 5 Top-Ranked Stocks With Rising P/E
ZACKS· 2024-10-22 13:00
Investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this re ...
KBR to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2024-10-21 18:25
KBR, Inc. (KBR) is slated to report its third-quarter 2024 results on Oct. 23, 2024, before market open. In the last reported quarter, its adjusted earnings beat the Zacks Consensus Estimate by 5.1% but revenues missed the same by 1.6%. On a year-over-year basis, the top and bottom lines grew 6% and 12%, respectively. The company's earnings surpassed the consensus estimate in each of the trailing four quarters, the average surprise being 4.8%. Find the latest EPS estimates and surprises on Zacks Earnings Ca ...
KBR Secures Key Role in Shell's Manatee Gas Field Project
ZACKS· 2024-10-15 17:15
KBR, Inc. (KBR) has landed a significant contract to provide engineering and procurement services for the onshore portion of Shell's Manatee gas field project. This marks another milestone in KBR’s extensive track record in the liquefied natural gas (LNG) sector and strengthens its position in the global energy transition.Expanding LNG ExpertiseThe Manatee project, located in the East Coast Marine Area of Trinidad and Tobago, is an important asset for supporting global energy security. The natural gas extra ...
KBR, Inc. (KBR) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-10-15 14:22
Have you been paying attention to shares of KBR Inc. (KBR) ? Shares have been on the move with the stock up 12.4% over the past month. The stock hit a new 52-week high of $69.59 in the previous session. KBR Inc. has gained 25.4% since the start of the year compared to the 23.1% move for the Zacks Construction sector and the 31.1% return for the Zacks Engineering - R and D Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...
KBR Awarded Engineering and Procurement Services Contract for Manatee Project
Prnewswire· 2024-10-14 10:00
HOUSTON, Oct. 14, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.Under the terms of the contract, KBR will provide engineering and procurement services for Shell's Manatee project located in the East Coast Marine Area of Trinidad and Tobago. The Manatee gas field supports global energy security and natural gas production, providing gas for the co ...
What Makes KBR (KBR) a New Strong Buy Stock
ZACKS· 2024-10-11 17:01
KBR Inc. (KBR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...
Is KBR (KBR) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-10-01 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...