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Sep 27, 2024
KBR Q3 2024 Earnings Report
KBR surpassed expectations with outstanding third-quarter results, demonstrating year-over-year growth across all financial metrics and strategically shaping its portfolio with the acquisition of LinQuest.
Key Takeaways
KBR announced strong Q3 2024 results, with revenue up 10% year-over-year to $1.9 billion and adjusted EPS up 12% to $0.84. The company's bookings and awards totaled $3.3 billion, reflecting a 1.2x book-to-bill ratio. KBR also increased its full-year guidance for revenue, adjusted EBITDA, and adjusted EPS.
Revenue increased by 10% year-over-year, reaching $1.9 billion.
Adjusted EPS grew by 12% year-over-year, amounting to $0.84.
Bookings and options totaled $3.3 billion, resulting in a 1.2x QTD book-to-bill ratio.
Fiscal year 2024 guidance was raised for revenue, adjusted EBITDA, and adjusted EPS.
Revenue by Segment
Forward Guidance
KBR updated its Fiscal Year 2024 guidance, reflecting strong operational performance and the acquisition of LinQuest. The company expects revenue between $7.5B and $7.7B, adjusted EBITDA between $840M and $870M, and adjusted EPS between $3.20 and $3.30.
Positive Outlook
- Revenue is projected to be between $7.5B and $7.7B.
- Adjusted EBITDA is expected to range from $840M to $870M.
- Adjusted EPS is anticipated to be between $3.20 and $3.30.
- Operating cash flows are estimated to be between $460M and $480M.
- Updated guidance reflects KBR's strong operational performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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