Consensus $3.25. Narrows FY24 revenue view to $7.5B-$7.7B from $7.4B-$7.7B, consensus $7.59B. Updated guidance reflects KBR‘s (KBR) operational performance and the acquisition of LinQuest. “During the quarter, we strategically shaped our portfolio and allocated capital in a thoughtful, balanced way,” Bradie continued. “Our acquisition of LinQuest, a leader in advanced engineering, data analytics, and digital integration, enhances our capabilities in space, air dominance, and connected battle space missions and introduces KBR to new U.S. government customers and contract vehicles. With strong performance across KBR and the integration of LinQuest progressing well, I am pleased to announce an increase in Revenue, Adjusted EBITDA2, and Adjusted EPS2 guidance for 2024. We welcome our new colleagues to the KBR family and look forward to the opportunities to shape the future together.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on KBR:
- KBR price target raised to $82 from $76 at Citi
- KBR Upcoming Earnings Report: What to Expect?
- KBR awarded contract for Beachfield Manatee upgrade project
- KBR price target raised to $75 from $73 at KeyBanc
- KBR awarded $113M Air Force task order
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.