Jacobs (J) Tops Q2 EPS by 9c, Provides FY20 EPS Outlook

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Go back to Jacobs (J) Tops Q2 EPS by 9c, Provides FY20 EPS Outlook

Jacobs Reports Fiscal Second Quarter Earnings

May 6, 2020 4:06 PM EDT

DALLAS, May 6, 2020 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 27, 2020.

Q2 2020 Highlights:

Gross revenue of $3.4 billion1 grew 10.9% year-over-year; net revenue grew 7.5% pro forma EPS from continuing operations of $(0.92); results include $1.94 charge from mark to market impact of Worley stock Adjusted EPS from continuing operations of $1.39, including $0.07 in discrete tax benefits Backlog increased $2.6 billion to $23.3 billion, up 12.5% year-over-year and up 5% on a pro forma basis Cash flow from operations of... More