KBR Stock Recent News
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KBR to provide technology licensing and proprietary engineering design for the largest ammonia cracking plant to date.
KBR, Inc. specializes in engineering and technology solutions, primarily selling support solutions to government agencies. The company's financials have seen turbulence, with a period of revenue decreases that turned into growth from 2017 to 2021. KBR's valuation is currently above its historical levels, and my discounted cash flow model suggests a fair value of the stock that is 34% below its current price.
KBR's drive to support national security, energy security, energy transition and climate change is encouraging.
The headline numbers for KBR (KBR) give insight into how the company performed in the quarter ended June 2023, 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 $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.76 per share a year ago.
KBR's stock KBR, -1.12% soared 3.8% in premarket trade Monday, after the engineering company said it's won a $1.9 billion contract to plan, train and fly NASA human spaceflight programs. Under the terms of the deal.
KBR is set to provide mission-critical labor at three locations in the U.S. Central Command (CENTCOM) area of operations through a new contract.
KBR's focus on achieving zero carbon emissions and developing more sustainable technologies is encouraging.
KBR announces a $300 million subcontract with McCallie for mission and instrument systems engineering services at NASA's Goddard Space Flight Center, fueling growth prospects.
KBR's focus on achieving zero carbon emissions and developing more sustainable technologies is encouraging.