Brokerages expect KBR, Inc. (NYSE:KBR) to report earnings of $0.37 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for KBR’s earnings. The lowest EPS estimate is $0.34 and the highest is $0.42. KBR reported earnings of $0.28 per share during the same quarter last year, which would indicate a positive year over year growth rate of 32.1%. The company is scheduled to report its next earnings results on Friday, February 22nd.

On average, analysts expect that KBR will report full-year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.56. For the next year, analysts forecast that the company will post earnings of $1.59 per share, with EPS estimates ranging from $1.45 to $1.72. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for KBR.

KBR has been the topic of a number of research reports. Cowen initiated coverage on shares of KBR in a research report on Monday, January 28th. They issued a “market perform” rating and a $20.00 price objective on the stock. MKM Partners initiated coverage on shares of KBR in a research report on Friday, December 28th. They issued a “top pick” rating and a $25.00 price objective on the stock. Zacks Investment Research lowered shares of KBR from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. TheStreet lowered shares of KBR from a “b” rating to a “c+” rating in a research report on Monday, December 24th. Finally, Credit Suisse Group boosted their price objective on shares of KBR from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 31st. Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. KBR currently has a consensus rating of “Buy” and a consensus target price of $22.45.

Institutional investors and hedge funds have recently modified their holdings of the company. Retirement Systems of Alabama grew its stake in shares of KBR by 0.5% in the fourth quarter. Retirement Systems of Alabama now owns 182,654 shares of the construction company’s stock valued at $2,773,000 after acquiring an additional 828 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of KBR by 1.2% in the 4th quarter. Arizona State Retirement System now owns 101,114 shares of the construction company’s stock valued at $1,535,000 after purchasing an additional 1,211 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of KBR by 4.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 57,865 shares of the construction company’s stock valued at $878,000 after purchasing an additional 2,200 shares in the last quarter. United Services Automobile Association boosted its stake in shares of KBR by 2.1% in the 3rd quarter. United Services Automobile Association now owns 142,005 shares of the construction company’s stock valued at $3,001,000 after purchasing an additional 2,899 shares in the last quarter. Finally, American International Group Inc. boosted its stake in shares of KBR by 1.3% in the 3rd quarter. American International Group Inc. now owns 377,057 shares of the construction company’s stock valued at $7,967,000 after purchasing an additional 4,741 shares in the last quarter. 97.74% of the stock is currently owned by institutional investors.

KBR stock opened at $17.43 on Friday. The company has a market capitalization of $2.46 billion, a PE ratio of 11.70, a P/E/G ratio of 1.29 and a beta of 1.32. KBR has a twelve month low of $13.90 and a twelve month high of $22.22. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.69.

About KBR

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

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