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

Jacobs Solutions

21/11/2023 14:31

* Jacobs Solutions Inc  J.N  reported quarterly adjusted
earnings
of $1.96​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of $1.80.  The mean expectation of fourteen analysts for the
quarter was for earnings of $1.87 per share. Wall Street
expected results to range from -16 cents to $2.09 per share.
    * Revenue rose 10.5% to $4.29 billion from a year ago;
analysts
expected $4.13 billion. 
    * Jacobs Solutions Inc's reported EPS for the quarter was
$1.24​.
    * The company reported quarterly net income of $157.72
million.
    * Jacobs Solutions Inc shares had risen by 0.4% this
quarter and
gained 14.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Jacobs
Solutions
Inc is $155.00 

This summary was machine generated from LSEG data November 21 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.87           1.96           Beat
 Jun. 30 2023      1.81           1.82           Beat
 Mar. 31 2023      1.75           1.81           Beat
 Dec. 31 2022      1.59           1.67           Beat