KBR's Q1 Earnings & Revenues Beat Estimates, Backlog High
KBRKBR(KBR) Zacks Investment Research·2024-05-01 23:51

KBR, Inc. (KBR) reported better-than-expected results for first-quarter 2024 (ended Mar 29), wherein earnings and revenues surpassed the Zacks Consensus Estimate. Both earnings and revenues grew on a year-over-year basis, particularly showcasing solid performance in adjusted EBITDA and operating cash flow. Bookings during the quarter were well-aligned with end markets across energy security, national defense, human performance, and sustainability. However, KBR's stock experienced a 1.6% decline in the tradi ...