Yahoo Finance KBR Third Quarter 2022 Earnings: Misses Expectations
KBR (NYSE:KBR) Third Quarter 2022 Results
Key Financial Results
Revenue: US$1.63b (down 12% from 3Q 2021).
Net income: US$74.0m (up 30% from 3Q 2021).
Profit margin: 4.6% (up from 3.1% in 3Q 2021). The increase in margin was driven by lower expenses.
EPS: US$0.53 (up from US$0.41 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
KBR Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are up 2.1% from a week ago.
Risk Analysis
You still need to take note of risks, for example - KBR has 2 warning signs (and 1 which is significant) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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