Jacobs Engineering (JEC) Reports In-Line Q3 EPS
Get Alerts JEC Hot Sheet
Financial Fact:
Direct cost of contracts: -2.21B
Today's EPS Names:
CP, RUSHA, SEIC, More
Join SI Premium – FREE
Jacobs Engineering (NYSE: JEC) reported Q3 EPS of $0.79, in-line with the analyst estimate of $0.79. Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.53 billion.
GUIDANCE:
Kevin Berryman, Jacobs CFO, commented, “The growth in our backlog and continued margin strength across all lines of business positions us to deliver on our goal to improve growth momentum into FY18. Expectations of our underlying operating performance for the upcoming fourth quarter remain positive and in line with current expectations. As a result, our expected full year results are now expected to deliver adjusted earnings per share of $3.00-$3.15, including transaction costs associated with our recently announced acquisition of CH2M of approximately $0.07 per share.”
For earnings history and earnings-related data on Jacobs Engineering (JEC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Amphenol (APH) Tops Q1 EPS by 7c, offers guidance
- Norfolk Southern (NSC) Misses Q1 EPS by 12c
- Canadian Pacific Kansas City (CP) Tops Q1 EPS by 93c
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!