$0.40 EPS Expected for KBR, Inc. (KBR) This Quarter

Equities analysts expect KBR, Inc. (NYSE:KBR) to report earnings of $0.40 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for KBR’s earnings, with the highest EPS estimate coming in at $0.50 and the lowest estimate coming in at $0.31. KBR reported earnings of $0.32 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 25%. The firm is scheduled to issue its next earnings results on Friday, August 4th.

According to Zacks, analysts expect that KBR will report full year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.32 to $1.35. For the next fiscal year, analysts anticipate that the business will post earnings of $1.42 per share, with EPS estimates ranging from $1.35 to $1.50. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that cover KBR.

KBR (NYSE:KBR) last posted its quarterly earnings data on Friday, April 28th. The construction company reported $0.28 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.28. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. KBR had a return on equity of 16.67% and a net margin of 1.64%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share.

A number of research analysts have recently commented on the company. Zacks Investment Research cut KBR from a “buy” rating to a “hold” rating in a research note on Tuesday, January 17th. Credit Suisse Group AG reaffirmed a “buy” rating and set a $20.00 price objective on shares of KBR in a research report on Sunday, February 5th. DA Davidson reissued a “buy” rating on shares of KBR in a report on Thursday, February 16th. Citigroup Inc lifted their target price on KBR from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, January 23rd. Finally, MKM Partners reaffirmed a “buy” rating and issued a $21.00 price objective on shares of KBR in a report on Wednesday, March 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. KBR presently has an average rating of “Hold” and a consensus target price of $17.83.

KBR (NYSE:KBR) traded down 0.47% during trading on Tuesday, hitting $14.89. The company had a trading volume of 657,402 shares. KBR has a 1-year low of $12.08 and a 1-year high of $17.95. The stock’s market capitalization is $2.13 billion. The company’s 50 day moving average price is $14.68 and its 200-day moving average price is $15.80.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Wednesday, March 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Monday, March 13th. KBR’s dividend payout ratio (DPR) is 68.09%.

In related news, CFO Mark W. Sopp purchased 5,000 shares of KBR stock in a transaction that occurred on Tuesday, March 7th. The stock was purchased at an average cost of $14.40 per share, with a total value of $72,000.00. Following the completion of the transaction, the chief financial officer now directly owns 42,654 shares in the company, valued at $614,217.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark W. Sopp purchased 10,000 shares of KBR stock in a transaction that occurred on Wednesday, March 8th. The stock was bought at an average cost of $14.60 per share, with a total value of $146,000.00. Following the completion of the transaction, the chief financial officer now owns 42,654 shares of the company’s stock, valued at $622,748.40. The disclosure for this purchase can be found here. Company insiders own 0.60% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Riverhead Capital Management LLC boosted its stake in shares of KBR by 67.2% in the third quarter. Riverhead Capital Management LLC now owns 8,000 shares of the construction company’s stock worth $121,000 after buying an additional 3,215 shares during the period. Principal Financial Group Inc. boosted its stake in shares of KBR by 35.9% in the third quarter. Principal Financial Group Inc. now owns 1,572,880 shares of the construction company’s stock worth $23,797,000 after buying an additional 415,907 shares during the last quarter. Princeton Alpha Management LP boosted its stake in shares of KBR by 92.6% in the third quarter. Princeton Alpha Management LP now owns 21,708 shares of the construction company’s stock worth $328,000 after buying an additional 10,438 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of KBR by 0.8% in the third quarter. California State Teachers Retirement System now owns 312,867 shares of the construction company’s stock worth $4,734,000 after buying an additional 2,400 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of KBR by 15.0% in the third quarter. Ameriprise Financial Inc. now owns 400,790 shares of the construction company’s stock worth $6,065,000 after buying an additional 52,342 shares during the last quarter. 93.00% of the stock is owned by hedge funds and other institutional investors.

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About KBR

KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.

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