KBR Inc's stock surged 5.37% during pre-market trading on Thursday, following the release of the company's fourth-quarter fiscal 2025 results and its guidance for the upcoming fiscal year.
The engineering and technology services provider reported adjusted earnings per share of $0.99 for the quarter, exceeding the analyst consensus estimate of $0.95. While quarterly revenue of $1.89 billion represented a year-over-year decline and slightly missed expectations, investors focused on the earnings beat and the company's forward-looking statements.
KBR provided an optimistic outlook for fiscal 2026, forecasting adjusted earnings per share in the range of $3.87 to $4.22. The company expressed confidence in its prospects, citing strong backlog coverage and improving award momentum. This positive guidance, combined with recent major contract wins including a significant Integrated Field Management Services contract for Iraq's Majnoon Oil Field and a long-term maintenance agreement with Petro Rabigh in Saudi Arabia, fueled investor optimism during the pre-market session.
Comments