KBR, Inc. (KBR) Updates FY12 Earnings Guidance
KBR, Inc. (KBR) issued an update on its FY12 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.60-2.80 for the period.
KBR, Inc. (KBR) traded down 0.67% on Wednesday, hitting $29.53. KBR, Inc. (KBR) has a 1-year low of $22.09 and a 1-year high of $38.00. The company has a market cap of $4.350 billion and a price-to-earnings ratio of 9.48.
KBR last released its earnings data on Wednesday, October 24th. The company reported $0.65 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.65. KBR’s revenue was down 16.5% compared to the same quarter last year. Analysts expect that KBR, Inc. (KBR) will post $2.68 EPS for the current fiscal year.
A number of analysts have recently weighed in on KBR shares. Analysts at UBS AG reiterated a buy rating on shares of KBR in a research note to investors on Tuesday, September 11th. On a related note, analysts at Lazard upgraded shares of KBR from a neutral rating to a buy rating in a research note to investors on Monday, August 13th. They now have a $35.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at KeyBanc reiterated a buy rating on shares of KBR in a research note to investors on Friday, July 27th.
KBR, Inc. (KBR), along with its subsidiaries, is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial sectors.
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