Jacobs (J) Tops Q3 EPS by 11c, Offers Guidance
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Jacobs Reports Fiscal Third Quarter Earnings
August 3, 2021 6:40 AM EDTDALLAS, Aug. 3, 2021 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal third quarter ended July 2, 2021.
Q3 2021 Highlights:
Revenue of $3.6 billion1 grew 9.7% year-over-year and net revenue up 10.6% year-over-year EPS from continuing operations of $0.82, impacted by $(0.44) related to an updated non-cash valuation allocation between PA Consulting preferred and common shares, with no impact to the original consideration2 Adjusted EPS from continuing operations of $1.64 Backlog increased $1.8 billion to $25.4 billion, up 7% year-over-year Cash flow from operations of $173 million;... More