KBR beats earnings estimates but misses on revenue and plans Trinzic spin-off
KBR plans to spin off its Mission Technology Solutions unit, which is expected to operate as Trinzic.
Published
KBR reported third-quarter earnings of $1.12 per share, $0.11 above expectations. Earnings per share is the profit for each share of stock. Revenue came in at $2.03 billion, below the $2.06 billion expected.
Chief Executive Stuart Bradie said the company delivered a strong quarter with profitable growth and solid execution. He said KBR and Trinzic are well positioned to launch as independent companies in January.
KBR kept its fiscal 2026 outlook. It expects revenues of $7.90 billion to $8.36 billion, Adjusted EBITDA of $980 million to $1.04 billion, Adjusted EPS of $3.87 to $4.22, and adjusted operating cash flow of $560 million to $600 million. During the quarter, the company returned $21 million to shareholders through regular dividends.
KBR has announced its intention to spin off its Mission Technology Solutions segment. A spin-off separates a unit into its own company. The unit is expected to operate under the name Trinzic once it is independent.
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