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KBR extends partnership with ISU Chemical to provide its H2ACT ammonia cracking technology for an Ulsan-based commercial ammonia cracking project.
KBR's focus on high-end and differentiated government business work, strong margin performance, and technology and consulting services is encouraging.
KBR, Inc. is well-positioned to benefit from a strong order book and backlog levels. The company's revenue growth prospects remain healthy, with a good demand in defense, space, and intelligence end markets and secular trends such as the energy transition and decarbonization. The stock is trading at a discount compared to historical averages, making it an attractive investment with favorable growth prospects.
KBR's third-quarter earnings reflect its solid segmental growth and strong execution across the business.
KBR (KBR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
KBR's third-quarter results were in line with expectations, but the guidance caught Wall Street off guard. The company is set up well to grow in 2024, but momentum investors are not inclined to sit around and wait.
VSEC, KBR, ROAD, LPX and DY from the Zacks Construction sector are set to beat analysts' Q3 expectations on the back of higher infrastructural demand and sequentially improving the residential market amid rate-hike woes and higher expenses.
MDC's third-quarter 2023 earnings results are likely to reflect soft housing demand attributable to a rise in mortgage rates and an inflationary market scenario. Also, low ASP is likely to hurt growth prospects.
KBR's focus on high-end and differentiated government business work, strong margin performance, technology and consulting services is encouraging.
KBR unveils PureM, an enhanced green methanol technology, to expand its portfolio of clean ammonia and hydrogen solutions.