Jacobs Engineering (JEC) Tops Q1 EPS by 5c
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Jacobs Engineering Group Inc. Reports Earnings for the First Quarter of Fiscal 2017
February 8, 2017 6:40 AM ESTDALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) today announced its financial results for the first quarter of fiscal 2017 ended December 30, 2016.
First Quarter Fiscal 2017 Highlights:
Q1 2017 U.S. GAAP net earnings of $61M, or $0.50 per share, up 30% from FY16Q1; Q1 2017 adjusted net earnings of $83M, or $0.68 per share, in line with our expectations; Backlog of $18.1B; Highest professional services backlog in seven quarters; Restructuring effort supporting a 13% reduction in U.S. GAAP G&A... More