KBR Inc

KBR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$89.00	Zwmm	Bhvtgdqrq

KBR Earnings: 2023 Outlook Maintained but HomeSafe Likely to Ramp Slower Than Expected in 2024

Krzysztof Smalec

Nov 2, 2023

We’ve lowered our fair value estimate for KBR to $62 from $64 after the company reported third-quarter results. The fair value adjustment reflects our more muted revenue growth projections for 2024 and 2025, partially offset by the time value of money.

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