Jacobs Solutions Inc expected to post earnings of $1.85 a share - Earnings Preview

Jacobs Solutions

03/05/2024 15:59

* Jacobs Solutions Inc  J.N   J  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
2.4% decrease in revenue to $3.981 billion from $4.08 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Jacobs Solutions Inc is
for
earnings of $1.85 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Jacobs
Solutions
Inc is $160.50​, above​ its last closing price of $144.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.55        1.51       2.02      Beat    4.8
 Sep. 30 0001  2.03        1.87       1.96      Beat    4.8
 Jan. 1 0001   1.82        1.81       1.82      Beat    0.4​
 Mar. 31 2023  1.74        1.75       1.81      Beat    3.7
 ​​Dec.        1.58        1.59       1.67      Beat    4.9
 31 2022                                                
 Sep. 30 2022  1.74        1.77       1.86      Beat    1.5​
 Jun. 30 2022  1.75        1.81       1.86      Beat    2.8
 Jan. 1 0001   1.67        1.68       1.72      Beat    2.3
 This summary was machine generated May 3 at 14:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)