Jacobs (J) Tops Q2 EPS by 38c, Updates Guidance

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Go back to Jacobs (J) Tops Q2 EPS by 38c, Updates Guidance

Jacobs Reports Fiscal Second Quarter Earnings

May 10, 2021 6:40 AM EDT

DALLAS, May 10, 2021 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended April 2, 2021.

Q2 2021 Highlights:

Revenue of $3.5 billion1 grew 3.5% year-over-year and net revenue up 6.7% year-over-year EPS from continuing operations of $0.00; reflects portion of PA investment treated as compensation per GAAP2 Adjusted EPS from continuing operations of $1.66, up 19% year-over-year, including 9 cents accretion from PA Backlog increased $2.3 billion to $25.6 billion, up 10% year-over-year Strong cash flow from operations and free cash flow of $238M and $209M, respectively... More