Jacobs Q3 adjusted EPS beats estimates, revenue up 5.1%

Jacobs Solutions

05/08/2025 11:57

Overview

Jacobs fiscal Q3 gross revenue up 5.1% y/y, adjusted net revenue up 7.0%

Adjusted EPS of $1.62 beats analyst expectations, per LSEG data

Co repurchased $101 mln of shares in Q3, backlog up 14% y/y

Outlook

Jacobs raises FY25 adjusted EPS guidance to $6.00-$6.10

Company narrows FY25 adjusted net revenue growth to 5.5%

Jacobs expects FY25 adjusted EBITDA margin around 13.9%

Company anticipates FCF conversion to exceed 100% of net income

Result Drivers

INFRASTRUCTURE & ADVANCED FACILITIES - Growth driven by Life Sciences, Data Center, Energy & Power, Water, and Transportation sectors

PA CONSULTING - Revenue increased 15% y/y due to higher public and private sector spending

COST CONTROL - Strong performance fueled by disciplined cost management and capital deployment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$1.62
$1.55 (12 Analysts)
Q3 EPS
$1.56
Q3 Net Income
$181.20 mln
Q3 Adjusted EBITDA
Miss
$314.30 mln
$315.60 mln (9 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Jacobs Solutions Inc is $152.00, about 7.9% above its August 4 closing price of $139.92

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn2Ps0Gva

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)