Jacobs (J) Tops Q1 EPS by 1c, Maintains FY EPS Guidance
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Jacobs Reports Fiscal First Quarter Earnings
February 4, 2020 6:40 AM ESTDALLAS, Feb. 4, 2020 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended December 27, 2019.
Q1 2020 Highlights:
Gross revenue of $3.4 billion1 grew 9.0% year-over-year; net revenue grew 5% pro forma1 EPS from continuing operations of $1.33, results include benefit from mark to market impact of Worley stock Adjusted EPS from continuing operations of $1.20, including $0.06 in discrete tax expenses Backlog increased $2.3 billion to $22.7 billion, up 11% year-over-year and up 6% on a pro forma basis1 Maintaining fiscal 2020 adjusted EBITDA outlook of $1.050 billion to $1.150... More