earnings
confidence medium
sentiment positive
materiality 0.70
KBR Q1 FY2024: Adjusted EBITDA grows YoY; bookings $1.9B, backlog $20.8B
KBR, INC.
2024-Q1 EPS reported
$0.69
revenue$1,818,000,000
- Adjusted EBITDA grew year-over-year with margin expansion; operating cash flow improved.
- Bookings of $1.9 billion in Q1; trailing 12-month book-to-bill of 1.1x (ex-UK PFIs).
- STS segment awarded contracts including ammonia technology, lithium extraction, and refinery PMO.
- Government Solutions awarded over $450M in new contracts for systems engineering and human performance.
- Backlog and options totaled $20.8 billion as of March 29, 2024.