KBR, Inc. (NYSE:KBR) reported Q2 FY2026 results with adjusted EPS $0.99, revenue $1.984B and $17.8B backlog, affirmed guidance despite $31M spin-off costs as it prepares to separate Trinzic (CEO designate Michael LaRouche) and won a PureSAF license for a Jurong Island SAF plant.
Previous Week Recap
- KBR, Inc. Q2 FY2026 Highlights: KBR (KBR) Q2 FY2026: adjusted EPS $0.99, GAAP EPS $0.75, revenue $1.984B, adj. EBITDA $258M, net income $96M, backlog $17.8B, affirmed FY2026 guidance, $31M spin-off costs.
- KBR Spin-Off To Trinzic: KBR will spin off its Mission Technology Solutions unit as a public company named Trinzic in January 2027; Michael LaRouche is CEO designate and KBR readies separate New KBR and Trinzic entities.
- KBR Licenses PureSAF For SAF Plant: KBR won a license to supply PureSAF tech and engineering for a Sustainable Aviation Fuel plant on Singapore’s Jurong Island. Project targets up to 100,000 tons/year and includes MOI with Keppel.
- Citigroup Cuts KBR Target: Citigroup cut KBR’s price target to $49 from $50; note provided no timing, analyst name, or rating details.
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