Jacobs Engineering (JEC) Reports In-Line Q3 EPS
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Jacobs Engineering Group Inc. Reports Earnings for the Third Quarter of Fiscal 2017
August 8, 2017 6:40 AM EDTDALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) today announced its financial results for the third fiscal quarter ending June 30, 2017.
Quarter Highlights:
Net earnings of $89.0 million, or $0.74 per share; Adjusted net earnings of $95.3 million, or $0.79 per share; Backlog of $18.6 billion up $100 million vs. prior quarter and over $200 million a year ago; highest professional services backlog in nine quarters; Gross margin improvement of over 150 basis points vs. prior year to 18.3%, driven by strong project execution and increased focus on more profitable business;... More