Jacobs (J) Tops Q1 EPS by 14c, Offers Guidance

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Jacobs Reports Fiscal First Quarter Earnings

February 9, 2021 6:40 AM EST

DALLAS, Feb. 9, 2021 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended January 1, 2021.

Q1 2021 Highlights:

Revenue of $3.4 billion1 grew 0.6% year-over-year; net revenue flat pro forma EPS from continuing operations of $1.96 up 47% year-over-year Adjusted EPS from continuing operations of $1.41 up 17% year-over-year Backlog increased $2.4 billion to $25.1 billion, up 11% year-over-year and up 7% on a pro forma basis Strong cash flow from operations and free cash flow of $112.6M and $95.9M, respectively Increases... More