- KBR reported MTS revenue $1.3B, adjusted EBITDA $158M and ~12.1% EBITDA margin. Management says ~94% of 2026 MTS revenue under contract, large bid backlog, Trinzic spinoff targeted Jan 4, 2027.
- Citigroup cut KBR (KBR) price target to $49 from $50. No other analyst actions or earnings revisions were noted. Traders may note the one-cent drop in target price.
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Key facts: KBR, Inc. MTS $1.3B, EBITDA $158M; Citigroup cuts PT $49
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KBR reported MTS revenue $1.3B, adjusted EBITDA $158M and ~12.1% EBITDA margin. Management says ~94% of 2026 MTS revenue under contract, large bid backlog, Trinzic spinoff targeted