Jacobs Engineering (JEC) Tops Q1 EPS by 5c, FY EPS Guidance Tops Views

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Go back to Jacobs Engineering (JEC) Tops Q1 EPS by 5c, FY EPS Guidance Tops Views

Jacobs Engineering Group Inc. Reports Earnings for the First Quarter of Fiscal 2018

February 7, 2018 6:40 AM EST

DALLAS--(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