Jacobs Solutions: Fiscal First Quarter Earnings Overview
Jacobs Solutions Inc. Reports Strong First-Quarter Results
Jacobs Solutions Inc., headquartered in Dallas, announced on Tuesday that it achieved a net profit of $125.5 million for its fiscal first quarter.
The company reported earnings of $1.12 per share, with adjusted earnings—excluding special items—reaching $1.53 per share.
These figures surpassed analysts’ expectations, as the consensus from four analysts polled by Zacks Investment Research had predicted earnings of $1.52 per share.
During the quarter, the construction and technical services firm generated $3.29 billion in revenue, outperforming the $3.18 billion forecasted by three Zacks analysts.
Looking ahead, Jacobs Solutions anticipates its full-year earnings will fall between $6.95 and $7.30 per share.
This article was created by Automated Insights using information from Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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