KBR (NYSE: KBR ) reported earnings on July 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), KBR beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank. GAAP earnings per share dropped.
Margins contracted across the board.
KBR reported revenue of $2.00 billion. The 13 analysts polled by S&P Capital IQ predicted sales of $1.92 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.61. The 13 earnings estimates compiled by S&P Capital IQ averaged $0.57 per share. GAAP EPS of $0.61 for Q2 were 13% lower than the prior-year quarter's $0.70 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 7.2%, 20 basis points worse than the prior-year quarter. Operating margin was 3.9%, 90 basis points worse than the prior-year quarter. Net margin was 4.6%, 50 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $2.00 billion. On the bottom line, the average EPS estimate is $0.73.
Next year's average estimate for revenue is $7.85 billion. The average EPS estimate is $2.69.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 554 members out of 584 rating the stock outperform, and 30 members rating it underperform. Among 162 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 156 give KBR a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on KBR is outperform, with an average price target of $39.77.
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