KBR Announces Third Quarter 2019 Financial Results
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KBR, Inc. (KBR) Tops Q3 EPS by 1c, Revenues Beat; Raises FY19 EPS Mid-Point Guidance Above Consensus
October 30, 2019 5:53 AM EDTKBR, Inc. (NYSE: KBR) reported Q3 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.42 billion.
Strong Growth - 12% revenue growth led by restoration of ES growth of 31%; 2.1x consolidated book-to-billEnduring Performance - EPS of $0.39, Adjusted EPS of $0.45 and Adjusted EBITDA of $131 millionCash Focus - Year to date operating cash flow of $199 million; 138% net income conversionRaising Guidance - EPS $1.36 to $1.46, Adjusted EPS 1.64 to $1.74, and Operating Cash Flow $200-225 millionSuccessful Handover - Completed commissioning... More