Sustainability in focus for KBR’s next 100 years and how to read charts.
The Stock market is weird you can win if it loses money is gained. Makes me wonder if options traders or moving out of their positions the news was good. So why are people selling like it was bad news? You have to use the Warren Buffet method if you don’t want it for 10 years don’t keep it for 10 minutes. The long game is better the short makes money but not generational wealth.
Raises FY 2022 Earnings Guidance; Delivers Excellent Progress Toward 2025 Long-Term Targets
- Delivered revenue of $1,714 million, 17% growth over 2021; diluted loss per share of $(0.51); adj. EPS1 of $0.62, 29% growth over 2021; and $89 million of operating cash flow
- Awarded $1.2 billion of bookings and options providing greater visibility of long-term growth targets
- Raising full-year guidance for revenue, adj. EPS1, operating cash flow, and adj. operating cash flow1
HOUSTON, April 28, 2022 /PRNewswire/ — KBR, Inc. (NYSE: KBR) today announced its first-quarter 2022 financial results and updated FY 2022 financial guidance.
KBR, Inc. (PRNewsfoto/KBR, Inc.)
“KBR is off to a fantastic start in 2022, building on its momentum with important program wins and stellar execution to deliver profitable growth, strong cash generation, and healthy bookings,” said Stuart Bradie, President, and CEO of KBR. “With a passion for solving our clients’ most complex challenges, KBR benefits from favorable end-market tailwinds in areas of global importance such as national security, defense modernization, climate change, and plastics circularity. Furthermore, we posted outstanding safety performance in our culture of Zero Harm and reduced future uncertainty with the resolution of a legacy matter.”
Bradie continued, “Given the accelerating demand for our domain expertise, innovative solutions, and proprietary technologies, we are increasing our full-year 2022 revenue, adjusted earnings per share, operating cash flow, and adjusted operating cash flow guidance. With a growing foundation of enduring, well-funded, long-term contracts delivering mission-critical programs that matter, we are confident that the company is well-positioned for sustainable growth and value creation over the near- and long-term horizons. Our Team of Teams continues to perform each and every day, and I would like to thank our people for their contributions to KBR and the missions and success of our clients.”
