What move does the options market price into KBR's report?

Implied ±14.6%, either direction · provisional.

KBRNYSEHeavy Construction Other Than Bldg Const - Contractors

KBR, Inc. (KBR) earnings date, market-implied expected move, and options open interest by expiry

38.16

Closed16:38 ET

Open37.89Volume2.2MMkt cap$4.9BP/E12.19EPS3.13Div yield1.71%

Day37.89 – 39.0423%52-wk29.67 – 44.7556%

KBR

KBR, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±14.6%implied · straddle

33.0544.35

spot 38.70exp Mar 19ATM strike 37.5ATM straddle 6.65IV 35%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 25

after close · in 117 days

est.Q4 FY26

Calendar

Next report

Last report

−4.53%

vs ±7.3% implied · ×0.62

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Linked news

1dCDP · supplierCOPT Defense Properties Q3 EPS $0.41; FFO per share $0.71; same‑property cash NOI up 3.2%

News

Largest filed tie

13F top-10 QoQ

+8.25%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

361 managers

Top fund weight

0.12%

KBR weight · MDY

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

KBR (KBR) is expected to report on Feb 25 after close (estimated date).

Implied vs realized

2 reports

—≥ implied

Jul 30 '26Jul 30 '26confirmed—▼−4.34%—

Q3 FY26Oct 29 '26confirmed±7.3%▼−4.53%×0.62

quarterimplied−10%0+10%realized×

Q3 FY26±7.3%▼−4.53%×0.62

Jul '26—▼−4.34%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 28 close

0.07OI · 4 expiries · Oct 28 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2730%Nov 2020d1.19229+16%1.19

1,0050%Dec 1848d1.66605+1%1.66

2,5160%Jan 1576d0.584,3640%0.58

report · Feb 25 · after close · est.

920%Mar 19139d1,3170%

ExpiryPutsCallsP/C

Nov 2020d2730%229+16%1.19

Dec 1848d1,0050%605+1%1.66

Jan 1576d2,5160%4,3640%0.58

report · Feb 25 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.6%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

6.71%as filednet margin · revenue +5.02% YoY

Revenue

$2.0B

Gross profit

$301M

14.84% margin

Operating income

$122M

6.02% margin

Pre-tax income

$150M

Net income

$136M

6.71% margin

Cost of revenue

$1.7B

Operating expenses

$179M

SG&A $154M

Other operating $1M

Other operating $24M

Tax

$18M

Other income

$28M

Revenue$2.0B

Gross profit

$301M

14.84% margin

Operating income

$122M

6.02% margin

Pre-tax income

$150M

Net income

$136M

6.71% margin

Cost of revenue

$1.7B

Operating expenses

$179M

SG&A $154M

Other operating $1M

Other operating $24M

Other income$28M

Tax$18M

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Oct 2 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:30 ET

Intraday

Event sensitivity

NFP ×1.76· ±2.3% vs ±1.3% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.3%3 of 10×1.76

PCEpersonal income & outlays±1.7%10 of 19×1.29

PPIproducer prices±1.7%7 of 11×1.28

GDPgross domestic product±1.7%10 of 19×1.27

CPROFcorporate profits±1.6%6 of 12×1.20

CPIconsumer prices±1.3%3 of 11×0.96

FOMCrate decision±1.1%12 of 25×0.84

Bar = avg |move| to ±3% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 1.06 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	1.06	—
Q1 FY26	—	0.80	—
Q4 FY25	—	0.87	—
Q3 FY25	—	0.90

Methodology

ties · implied moves · holdersMethod