KBR Stock Recent News

HOUSTON , Aug. 5, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $153 million cost plus fixed fee recompete contract to support Naval Test Wings Atlantic and Pacific Aircrew Services over a five-year period. The work will be performed primarily at Naval Air Station (NAS) Patuxent River, Maryland, but also at NAS Pt.

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KBR, Inc. has good growth prospects, driven by secular demand drivers in both Sustainable Technology Solutions and Government Solutions segments. Revenue in Q2 2024 grew by 5.8% Y/Y, with strong performance in both segments and a backlog of $20.15 billion. Margins benefitted from international mix and project execution, with expectations for continued strength in pricing and operating leverage.

HOUSTON , July 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) was selected as NASA's Agency-Level Large Business Prime Contractor of the Year. This highly sought-after honor is part of NASA's 2023 Small Business Industry Awards and builds upon KBR's 2023 SBIA large business center-level awards at both Goddard Space Flight Center (GSFC) and Johnson Space Center.

If you are looking for stocks that are well positioned to maintain their recent uptrend, KBR (KBR) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

KBR, Inc. (NYSE:KBR ) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Jamie DuBray - VP, IR Stuart Bradie - President and CEO Mark Sopp - CFO Conference Call Participants Tobey Sommer - Truist Michael Dudas - Vertical Research Bert Subin - Stifel Brent Thielman - D.A. Davidson Steven Fisher - UBS Samantha Stiroh - Bank of America Andy Kaplowitz - Citigroup Sangita Jain - KeyBanc Capital Markets Gautam Khanna - TD Cowen Operator Good morning, everyone.

KBR's second-quarter earnings reflect its solid segmental growth and strong execution across its business.

The headline numbers for KBR (KBR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

KBR Inc. (KBR) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.74 per share a year ago.

KBR's second-quarter 2024 results are likely to reflect the solid performance of its GS and STS segments, indicating backlog growth and margin expansion.