NYSE:KBRProfessional Services
KBR (KBR) Earnings Surge 93% Reinforces Bull Case On Discounted Valuation
KBR (KBR) delivered standout earnings growth this year, with EPS surging 93.3% and net profit margins reaching 5%, up from 2.9% a year ago. The company's earnings are forecast to climb another 16.3% per year, though revenue growth is expected to trail the market at 6% annually. A forward Price-to-Earnings ratio of 13.4x and a share price of $41.51, far below the estimated fair value of $92, have some investors taking a closer look at the stock’s value story. Given the track record of profit...