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Why Is KBR (KBR) Up 6.6% Since Last Earnings Report?

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A month has gone by since the last earnings report for KBR Inc. (KBR - Free Report) . Shares have added about 6.6% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is KBR due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

VGM Scores

Currently, KBR has a nice Growth Score of B, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, KBR has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

KBR is part of the Zacks Engineering - R and D Services industry. Over the past month, Quanta Services (PWR - Free Report) , a stock from the same industry, has gained 4.5%. The company reported its results for the quarter ended December 2024 more than a month ago.

Quanta Services reported revenues of $6.55 billion in the last reported quarter, representing a year-over-year change of +13.3%. EPS of $2.94 for the same period compares with $2.04 a year ago.

Quanta Services is expected to post earnings of $1.72 per share for the current quarter, representing a year-over-year change of +22%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.1%.

Quanta Services has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.


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