Jacobs Engineering (JEC) Reports In-Line Q3 EPS

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.

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