Jacobs (J) Tops Q4 EPS by 2c, Offers Guidance
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Jacobs Reports Fiscal Fourth Quarter and Fiscal Year 2021 Earnings
November 23, 2021 6:40 AM ESTDALLAS, Nov. 23, 2021 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended October 1, 2021.
Q4 2021 Financial Highlights:
Revenue of $3.6 billion grew 1.9% year-over-year; pro forma net revenue1 up 6% year-over-year Net earnings was $45 million, down 36%, and EPS from continuing operations was $0.34, down 36%, mainly impacted by $(0.45) of discrete tax items and $(0.42) from sale of Worley shares Adjusted EPS from continuing operations of $1.58, down 3% year-over-year driven by a lower year ago tax rate impact of $0.17... More