KBR, Inc. (KBR) Tops Q4 EPS by 1c, Revenues Beat; Offers FY19 EPS Outlook

KBR, Inc. (NYSE: KBR) reported Q4 EPS of $0.39, $0.01 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.24 billion.

"I am delighted to report our 2018 full year results, in which we added our 8thconsecutive quarter of strong revenue, earnings and cash flow; quality year-over-year backlog growth; and the successful integration of SGT and Aspire," said Stuart Bradie, KBR President and CEO. "As we celebrate our 100 year anniversary, the level of energy and enthusiasm across our organization is high. Our Government Services business is delivering industry-leading organic growth with solid margins, our Technology business continues to expand, delivering excellent operating margins and cash conversion, and our Hydrocarbons Services business is well-positioned for growth as our clients embark on a healthy capital investment cycle," Bradie said. "We are particularly pleased to see the restoration of the fundamental cash generating ability of our business, and with the book of business in our backlog today, we expect to continue our cash momentum as we look ahead," added Bradie. "Our people across the world are committed to delivering safe, reliable and industry leading execution to our customers. This dedication underpins profitable, predictable, and cash generative financial performance - just as we committed as part of our strategic transformation."

GUIDANCE:

KBR, Inc. sees FY2019 EPS of $1.58-$1.73, versus the consensus of $1.62.

For earnings history and earnings-related data on KBR, Inc. (KBR) click here.

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