KBR Q1 2023 Earnings Report
Key Takeaways
KBR reported strong Q1 2023 results with revenue of $1.7 billion and adjusted EBITDA of $182 million, representing an 11% adjusted EBITDA margin. The company achieved a diluted EPS of $0.56 and an adjusted EPS of $0.67. KBR also reported $3.1 billion in bookings and options during the quarter, resulting in a 1.4x TTM book-to-bill ratio.
Revenue of $1.7 billion, up 18% on an ex-OAW year-over-year basis.
Net income attributable to KBR of $86 million; Adjusted EBITDA of $182 million (11% Adjusted EBITDA margin).
Diluted EPS of $0.56; Adjusted EPS of $0.67, up 22% on an ex-OAW year-over-year basis.
Bookings and options of $3.1 billion during the quarter with 1.4x TTM book-to-bill.
KBR
KBR
KBR Revenue by Segment
Forward Guidance
KBR reaffirms its fiscal year 2023 guidance, representing their views as of May 1, 2023.
Positive Outlook
- Revenue: $6.9B - $7.1B
- Adjusted EBITDA: $715M - $745M
- Adjusted EPS: $2.76 - $2.96
- Effective tax rate: 24% - 25%
- Adjusted operating cash flows: $425M - $460M
Revenue & Expenses
Visualization of income flow from segment revenue to net income