Jacobs Engineering (JEC) Tops Q1 EPS by 5c, FY EPS Guidance Tops Views
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Jacobs Engineering Group Inc. Reports Earnings for the First Quarter of Fiscal 2018
February 7, 2018 6:40 AM ESTDALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) today announced its financial results for the first fiscal quarter ended December 29, 2017.
Highlights:
Q1 2018 net earnings of $2.2 M, or $0.02 per share, impacted by one-time tax charge and CH2M acquisition Q1 2018 adjusted net earnings of $97.0 M, or $0.77 per share, up 13% year-over-year Q1 2018 year-over-year organic revenue growth, double-digit organic growth in professional services Continued strong gross margin performance of 18%, up 130 bps year-over-year Backlog of $26.2 B at end of 1Q 2018; Jacobs only... More