earnings
confidence high
sentiment positive
materiality 0.70
KBR Q1 2023 net income $86M, adjusted EPS $0.67, bookings $3.1B, 1.4x TTM book-to-bill
KBR, INC.
2023-Q1 EPS reported
$0.56
revenue$1,703,000,000
- Revenue $1,703M flat YoY but up 18% ex-OAW; net income $86M vs -$71M in Q1'22.
- Adjusted EBITDA $182M (11% margin) vs $154M; adjusted EPS $0.67 vs $0.62.
- Bookings $3.1B in quarter; TTM book-to-bill 1.4x; STS segment 1.9x.
- Strategic awards: $0.8B LNG plant phase, BP hydrogen project, SAF tech launch, green ammonia contract.
- Government Solutions growth on LOGCAP V, TENCAP, and classified programs.