KBR Q3 Deep Dive: Revenue Guidance Cut as Award Delays and Contract Protests Weigh
Update: 2025-10-31
Description
KBR's Q3 2025 earnings missed Wall Street's revenue expectations, with flat sales and lowered full-year guidance. Despite beating profit expectations, the company's stock reacted negatively due to delayed project awards and ongoing government contract protests. KBR's operating margin and adjusted EBITDA improved, and it maintains a significant backlog. The company plans to spin off its Mission Technologies arm and focus on international energy projects.
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