Jacobs Solutions Inc reports results for the quarter ended in March - Earnings Summary

Jacobs Solutions

09/05/2023 14:32

* Jacobs Solutions Inc  J.N  reported quarterly adjusted
earnings
of $1.81​​ per share for the quarter ended in March. The mean
expectation of seventeen analysts for the quarter was
for earnings of $1.75 per share.
    * Revenue rose 6.4% to $4.08 billion from a year ago;
analysts
expected $3.83 billion. 
    * Jacobs Solutions Inc's reported EPS for the quarter was
$1.70​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Jacobs Solutions Inc shares had fallen by 0.2% this
quarter and
lost 2.3% so far this year.
    * The company reported quarterly net income of $216.51
million.
    * Wall Street's median 12-month price target for Jacobs
Solutions
Inc is $150.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.75           1.81           Beat
 Dec. 31 2022      1.59           1.67           Beat
 Sep. 30 2022      1.77           1.80           Beat
 Jun. 30 2022      1.81           1.86           Beat