KBR Top Pick As EPS Estimates Increase

By Benzinga Staff
July 30, 2010 9:28 AM

Symbols: KBR

Tags: KBR, Pritchard Capital Partners

Posted in: Analyst Color, Earnings, Long Ideas, News, Markets, Analyst Ratings

KBR, Inc. (NYSE: KBR) reported a mixed 2Q, but remains positive with its EPS of $0.66 vs. Pritchard's estimate of $0.58.

The slightly higher margins and low share count may drive 2011 EPS estimates to $2.00 over $1.95, according to Pritchard, and therefore its "buy" rating is reiterated and the price target is at $28.

KBR, Inc. closed yesterday at $22.15.

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KBR Top Pick As EPS Estimates Increase

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